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Property profile & analytics
OFF-MARKET
Land

23148 Highway 5 Centerville, IA 52544

1 ac lot
Property ID
Property summary
AI-generated overview

This ±1-acre commercial lot is located at 23148 Highway 5 in Centerville, Iowa, within Appanoose County (zip code 52544). The property's ideal location offers exceptional visibility and accessibility, making it perfect for a variety of commercial uses. Zoned for retail, restaurant, and professional office spaces, this corner lot presents a unique investment opportunity. The land is situated in a thriving area, providing ample potential for growth and return. Its size allows for flexibility in development plans, catering to various business needs and scales. The property's prime location ensures high traffic volume and exposure, attracting a large customer base. This is a rare chance to acquire a strategically positioned commercial lot in a desirable location with significant development potential. The property is ready for immediate development, offering a streamlined path to establishing a successful business. Serious inquiries are encouraged to explore this exceptional opportunity further. Coordinates: Latitude 40.71079022, Longitude -92.86783477.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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