4810 Avenue Fort Madison, IA 52627
- Retail properties
- 252,966 SF
- 0.75 lot acres
Current Use by Public Records
- higi / Health Consultant
- Fort Madison Farm & Home Supply / Department Store / Agricultural Service
Property Details for 4810 Avenue
- Lot size
- 0.75 lot acres
- Property size
- 252,966 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Madison
- County
- Lee
- State
- Iowa
- Longitude
- -91.3742
- Latitude
- 40.6226
