Property profile

18 Nec I-35 & Hwy Clear Lake, IA 50428

OFF-MARKET
Land
2.49 ac lot
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Property summary

AI-generated overview

This exceptional development, Courtway Park, offers eight prime commercial lots totaling 2.49 to 12.32 acres. Strategically located at the northeast corner of Interstate 35 and Highway 18 in Clear Lake, Iowa (zip code 50428), this property boasts unparalleled visibility and accessibility. The site benefits from its position at a major north-south interchange on I-35, a key transportation artery. This high-traffic location places businesses within a thriving commercial corridor connecting Clear Lake and Mason City. Highway 18, an important east-west route, further enhances connectivity to prosperous northern Iowa communities. The property's proximity to existing retail and hospitality businesses ensures a strong customer base. Flexibility is key

Property profile

Verified
Property type Land
Lot 2.49 ac (108,464 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18 Nec I-35 & Hwy Clear Lake, IA 50428
Clear Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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