0 Nec Of I-80 & St Grinnell, IA 50112
This exceptional commercial land parcel presents a unique investment opportunity at the Northeast corner of I-80 and West Street in Oakland Acres, Poweshiek County, Iowa. The property boasts a strategic location, offering unparalleled visibility and accessibility due to its proximity to Interstate 80. Zoned C-1 (general commercial), this versatile land allows for a wide range of development possibilities. The lot size is flexible, ranging from 1.45 to 24.66 acres, providing options for various project scales. Land value is competitively priced, ranging from $2 to $12 per square foot, reflecting the significant potential for return on investment. The area benefits from a strong economic base, fueled by Grinnell College, a prestigious private university with 1,700 students, consistently ranked among the nation's best liberal arts colleges. Grinnell's strategic location, situated midway between Des Moines and Iowa City, and just 15 minutes from the Iowa Speedway in Newton, further enhances the property's appeal and potential for attracting a diverse clientele. This prime commercial land offers an exceptional opportunity for developers and investors seeking a high-impact location with significant growth potential in a thriving Iowa community. The property's zip code is 50112. The latitude and longitude coordinates are 41.6963074 and -92.7254832 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.