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Property profile & analytics
OFF-MARKET
Land

0 Old Highway 6 Redfield, IA 50233

1.79 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.79 ac (77,972 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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