Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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