0 Iowa Speedway Dr Newton, IA 50208
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
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
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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.