105.56 Ac Magnolia Rd Underwood, IA 51576
- Land
- 105.56 lot acres
Current Use by Public Records
- Land
Property Details for 0 105.56 Ac Magnolia Rd
- Lot size
- 105.56 lot acres
- Property type
- Land
Description
This exceptional 105.56-acre commercial land parcel in Underwood, Iowa, presents a significant development opportunity. Strategically located directly off the Underwood exit of Interstate I-80, this highly visible property boasts 77,000 vehicles per day passing on I-80/I-29. Its convenient access via Magnolia Road and direct adjacency to I-80 ensures maximum exposure. The property is zoned AG, offering potential for various commercial or industrial uses, subject to any necessary zoning changes. The site benefits from access to regional water and city sewer utilities along Magnolia Road, with readily available natural gas and electricity services through MidAmerican Energy. Buyers are responsible for verifying all utility locations, sizes, and capacities. The asking price is $6,328,322, translating to $59,950 per acre. The APN is 7642 16 400 006. This large tract is ideal for a substantial development project or can be subdivided for multiple smaller users. This prime location and substantial acreage make this a rare and compelling investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Underwood
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.7055
- Latitude
- 41.3762
