Property summary
This exceptional commercial real estate opportunity presents two distinct outlots ideally situated in Fort Madison, Iowa, directly adjacent to the newly opened Farm & Home Supply (opened 2021). Lot A, a 0.75-acre parcel, is available for ground lease or build-to-suit (BTS) development. This location allows for the construction of a building up to 3,500 square feet, potentially incorporating a drive-thru, making it perfect for retail, coffee shops, or fast-food establishments. Lot B, significantly larger at 5.81 acres, offers even greater flexibility. This parcel is available for sale, BTS development, or ground lease. Both lots are zoned B-2, General Business and Retail, ensuring a wide range of development possibilities. The property boasts convenient access to Highway 61 and is located on Avenue O, a major east-west thoroughfare in Fort Madison, experiencing high daily traffic volumes (8,100 VPD on Avenue O and 9,100 VPD on Hwy 61). The strategic location offers proximity to significant employers such as Siemens, SEIRMC (Southeast Iowa Regional Medical Center, located 1/2 mile away), ConAgra Foods, Iowa State Penitentiary, Scotts Miracle-Grow, Fort Madison School System, and Climax, ensuring a robust customer base. Fort Madison serves as the county seat of Lee County, further solidifying its economic stability. The total available square footage across both lots is 252,966 square feet. Pricing is available upon request.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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Zoning
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