1600 7Th St Newton, IA 50208
This exceptional 4.79-acre commercial development parcel is strategically located in Newton, Iowa, boasting outstanding visibility from Interstate 80. The property enjoys a high traffic count of 30,700 vehicles per day (VPD), ensuring significant exposure for any development. Zoned M Residential (MR R3+), this versatile land offers opportunities for a range of commercial and multi-family projects. Its proximity to Newton High School, Brookfield Apartments, and Newton Community School District Athletic Facilities adds to its appeal. Furthermore, the site benefits from its convenient location near a variety of amenities, including Casey's, Culver's, Walgreens, Hy-Vee, Iowa Speedway, Newton Municipal Airport, and the YMCA of Newton. This prime location presents a rare opportunity for developers seeking high-visibility land with excellent access and strong community connections. The asking price for this exceptional property is $650,000. The address is 1600 W 7th St S, Newton, IA 50208. Don't miss this chance to acquire a highly desirable development site in a thriving Iowa community.
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
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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.