Current Use by Public Records
- Land
Property Details for 3881 Federal Hwy 61 Hwy
- Year built
- 1975
- Property type
- Land
Description
This exceptional commercial property in Blue Grass, Iowa, presents a unique investment opportunity. Priced at $665,000, the offering encompasses four buildings situated on a substantial parcel. The main structure is a remodeled 3-4 bedroom brick home (built 1975) featuring a walk-out basement, two bathrooms, and an attached two-car garage. A detached two-car steel garage provides additional storage. A significant asset is a 40 x 73-foot building (built 2010), previously used as a meat shop/locker plant, offering versatile conversion potential. This building includes two bathrooms, a deli case, three glass-door freezers, a butcher block, and multiple walk-in coolers (10x12, 6x6, and 8x20 feet). Further enhancing the property's utility is a 30 x 60-foot pole shed with a connected 13 x 20 lean-to, suitable for various uses or as a workshop. All buildings are served by a substantial 40 x 110-foot concrete parking slab (C4 8000 PSI, 6" deep), designed to accommodate commercial vehicles. The total roofed area exceeds 5700 square feet. A John Deere 65" lawn tractor is included in the sale. Four acres of the land are currently leased to a neighbor for agricultural use. This property offers significant potential for diverse commercial applications.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blue Grass
- County
- Muscatine
- State
- Iowa
- Longitude
- -90.7898
- Latitude
- 41.5127
