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Property profile & analytics
OFF-MARKET
Land

0 Nec Of I-80 & St Grinnell, IA 50112

1.45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.45 ac (63,162 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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