0 Old Highway 6 Redfield, IA 50233
This 1.79-acre commercial land parcel in Redfield, Iowa, presents a compelling investment opportunity. Located just north of Dollar General, with convenient access from a frontage road directly off Old Highway 6, this property boasts a strategic location benefiting from an average annual daily traffic count of 1450 vehicles. The property is zoned for agriculture, but its future land use is designated for commercial purposes, making it ideal for development. The parcel number is 1304401004, and the property includes a sign. Annual net taxes are $42.00, and the CSR2 rating is 90.60. The property is served by the West Central Valley Community School District. Possession is at closing, subject to any existing tenant rights. The asking price is $189,900, with terms including cash and conventional financing options. Further details regarding utilities are available upon request. This property offers significant potential for growth within Redfield's expanding commercial sector. Don't miss this chance to acquire a valuable asset in a high-traffic location.
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
Similar Nearby for Sale
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.