Underwood, IA
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    Underwood, IA Motels for Sale

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    Neola, IA Council Bluffs, IA Pacific Junction, IA
    Underwood Motel Near I-80
    $550,000
    7,752 SF
    Underwood Motel Near I-80

    24936 Mulberry Lane, Underwood, IA 51576

    21-unit motel with manager's apartment near I-80.
    • Adjacent to Exit 17 off I‑80, providing convenient access for travelers.
    • Only one of two motels/hotels within a 13‑mile radius, reducing competition.
    • Includes a two‑story manager's apartment and leasing office.
    • All 21 rooms are equipped with refrigerators, microwaves, complimentary Wi‑Fi, and cable TV.
    • Located near demand generators such as I‑80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, and Henry Doorly Zoo.
    Updated: Mar 25
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    Underwood Motel & Extended Stay
    $1,200,000
    12,770 SF
    Underwood Motel & Extended Stay

    26553 Magnolia Road, Underwood, IA 51576

    34-unit motel off I-80 in Underwood, Iowa.
    • Prime location adjacent to I‑80 (Exit 17) with high visibility and accessibility.
    • Only one of two motels/hotels within a 13‑mile radius, minimizing competition.
    • Recent renovations in 2024 and extensive capital improvements enhance property value and appeal.
    • 34 rooms including 9 extended stay suites with full kitchens, catering to diverse traveler needs.
    • Proximity to demand generators including I‑80 traffic, casinos, Jack Links plant, and Omaha attractions.
    Updated: Mar 25
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Development Land Available
    $849,000
    1.82 Acres
    Prime Development Land Available

    Development land suitable for retail, restaurant, office, or motel.

    3041 4th SW, Mason City, IA 50401

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    100-Room Hospitality Investment Opportunity
    $3,500,000
    100-Room Hospitality Investment Opportunity

    Hospitality property with 100 rooms, great investment opportunity.

    1300 West Russell Street, Sioux Falls, SD 57104

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    98-Room Motel for Sale
    $4,600,000
    98-Room Motel for Sale

    98 guestrooms, manager's apartment, and brand conversion opportunity available.

    3200 W Russell St, Sioux Falls, SD 57107

    View details
    40000 SF The Willow Portfolio
    $2,200,000
    40,000 SF
    40000 SF The Willow Portfolio

    Diverse Income-Producing Portfolio – Exceptional Investment Opportunity

    2781 4th Street Northwest, Mason City, IA 50401

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Hills, Iowa
    $321,385
    1.24 Acres
    Commercial Land in Hills, Iowa

    Unimproved commercial land with utilities and highway visibility.

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

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    Commercial Land in Hills, Iowa
    $323,980
    1.25 Acres
    Commercial Land in Hills, Iowa

    1.25 acre commercial land with utilities and highway visibility.

    5239 Oak Crest Hill Rd SE, Hills, IA 52235

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    Benson Land: Development Opportunity
    $389,200
    26.12 Acres
    Benson Land: Development Opportunity

    26.12 acres in Benson, MN, for urban development.

    0 20th Ave NE/Co 57, Benson, MN 56215

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    5 Acres Near Lake Ozarks
    $49,900
    5.10 Acres
    5 Acres Near Lake Ozarks

    Versatile 5-acre tract near Camdenton, Missouri, ideal for investment.

    5.1 Acre Lot on Concrete Road, Camdenton, MO 65020

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    Off-Market Properties in Underwood, IA

    Consider similar Off-Market properties in Underwood, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    26553 Magnolia Rd
    HOTEL/MOTEL
    Lot: 1.37 Acres

    26553 Magnolia Rd, Underwood, IA 51576-3762

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    24936 Mulberry Ln
    HOTEL/MOTEL
    7,152 SF Lot: 1.26 Acres

    24936 Mulberry Ln, Underwood, IA 51576-3810

    View details

    Underwood, IA Motels Investment Opportunities Market Analysis

    Explore 4 motels for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 20,522 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for motels in Underwood, IA start at $550,000, averaging $875,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Motels 2

    Demographics Overview

    Population 1,890
    Population Growth (5Y) -9.1%
    Median Household Income $107,679
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51576 $875K

    Taxes & Financing

    Tax Rate (average for all types) 1.32%
    Property Tax per SF $53.78 per sq ft
    Tax Rate vs County Average 1.70 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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