Hwy 169 & Mdw Rd Adel, IA 50003
- Land
- 6.78 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hwy 169 & Mdw Rd
- Lot size
- 6.78 lot acres
- Property type
- Land
Description
This exceptional 6.78-acre commercial development land presents a unique investment opportunity in Adel, Iowa. Strategically located at the key intersection of Highway 169 and Meadow Road, this property boasts high visibility and accessibility. The site enjoys significant traffic volume, with a recorded 6,200 vehicles per day in 2019. Currently zoned for commercial use, this land is ideally positioned to capitalize on Adel's robust growth trajectory. Adel's population has experienced a remarkable 67% increase between 2010 and 2020, fueled by the construction of 900 new single-family homes in the last decade. This property sits directly in the path of this ongoing residential and commercial expansion, ensuring strong future value appreciation. Further enhancing its appeal, the land is in close proximity to a newly built aquatic center, a new elementary school, and a planned city recreational complex, creating a vibrant and family-friendly environment. The ongoing southward city annexation and the availability of a commercial tax abatement program extending through 2025 provide additional incentives for development. This prime location, coupled with Adel's dynamic growth and supportive municipal initiatives, makes this a compelling investment for discerning developers seeking a high-return opportunity in a thriving Iowa community. The property is located in Dallas County, Iowa, with a zip code of 50003.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Adel
- County
- Dallas
- State
- Iowa
- Longitude
- -94.013
- Latitude
- 41.6003