Iowa Speedway Dr Newton, IA 50208
- Land
- 2.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 Iowa Speedway Dr
- Lot size
- 2.64 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Newton, Iowa. Located at the northwest corner of Interstate 80 and Speedway Drive, this property boasts unparalleled visibility and accessibility. The site encompasses between 2.64 and 40.44 acres, zoned C-T (Tourist Oriented Commercial District), providing flexibility for a variety of development projects. Its proximity to the Iowa Speedway, a major NASCAR venue attracting tens of thousands of visitors annually, ensures high traffic and visibility. The land is ideally suited for retail, industrial, or hospitality ventures. The city's vision for this district includes promoting unique building designs and establishing a distinct identity, creating a vibrant hub of activity. Public financial incentives may be available. The property's APN numbers are 13.01.202.005
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Jasper
- State
- Iowa
- Longitude
- -93.0058
- Latitude
- 41.6877