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    828 Beverly Rd Fairfax, IA 52228

    • Commercial real estate
    • 2.45 lot acres
    For Sale
    View listing
    $350,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-2383490
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 828 Beverly Rd

    Lot size
    2.45 lot acres
    Property type
    Commercial real estate
    APN
    20044-76005-00000

    Description

    This 2.45-acre commercial lot, located at 828 Beverly Rd SW in Fairfax, Iowa (APN 20044-76005-00000), is zoned C-2 Highway Commercial. Priced at $350,000 ($3.28/sq ft), it offers excellent potential for development. Situated at the entrance to Heartland Heights, a rapidly growing residential community with over 70% of its first three additions (170 lots) already sold, this property benefits from significant future residential expansion. The preliminary plat indicates further commercial development is planned, making this a strategic investment. Fairfax enjoys steady growth and convenient access to Cedar Rapids. All essential utilities are available on-site, with access from Beverly Rd. This location is poised to become a major commercial hub along 80th St. The property is within the College Community School District and offers lower property taxes compared to other areas. Heartland Heights' overall development plan encompasses nearly 450 acres.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Linn
    State
    Iowa
    Longitude
    -91.774655461859
    Latitude
    41.936994793999

    Comparable in this City

    • $80,000
      0.47 Acres

      Residential Lot in Fairfax, Iowa

      Residential land available for sale in Fairfax, Iowa.
      117 Prairie Ave, Fairfax, IA 52228
      View Details
    • $750,000
      6.99 Acres

      High-Visibility Fairfax Commercial Property

      6.99 Acres, Multiple Buildings, Prime Location
      555 Southview Rd, Fairfax, IA 52228
      View Details

    Similar Nearby for Sale

    • $80,000
      0.47 Acres

      Residential Lot in Fairfax, Iowa

      Residential land available for sale in Fairfax, Iowa.
      117 Prairie Ave, Fairfax, IA 52228
      View Details
    • $750,000
      6.99 Acres

      High-Visibility Fairfax Commercial Property

      6.99 Acres, Multiple Buildings, Prime Location
      555 Southview Rd, Fairfax, IA 52228
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      6,600 SF

      Fairfax Center Retail Space Available

      High-visibility retail center; 4,100 sq ft available.
      320 80Th Street Ct, Fairfax, IA 52228
      View Details
    • $13 SF/Yr
      4,100 SF

      Retail Space Near Highway 151

      Retail space with great visibility and access near major highways.
      320 80Th St SW, Fairfax, IA 52228
      View Details
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    828 Beverly Rd
    Fairfax, IA 52228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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