Hwy F48 Newton, IA 50208
- Land
- 97.67 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hwy F48
- Lot size
- 97.67 lot acres
- Property type
- Land
Description
This exceptional 97.67-acre parcel presents a unique investment opportunity on the western edge of Newton, Iowa, within Jasper County. Currently zoned for residential use, this transitional farmland is ideally positioned for annexation into the City of Newton, offering significant development potential. A pre-existing city sewer sanitary line runs along the property's western border, simplifying infrastructure connection for future projects. The land boasts a gently rolling topography and mature trees, creating an attractive setting for a high-end residential subdivision. A conceptual plan envisions 66 lots, ranging from 0.92 to 3.54 acres, perfect for larger, private homesites. This property offers flexibility
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
- -93.0817
- Latitude
- 41.6966