17 Urbana Towne Ctr Sunset St Urbana, IA 52345
This exceptional 1.76-acre commercial lot, located at Lot 17 Urbana Towne Centre on Sunset Street in Urbana, Iowa (zip code 52345), presents a unique investment opportunity. Situated within the burgeoning Urbana Towne Centre, a new development strategically positioned just off I-380, this property offers unparalleled access and visibility. The lot is zoned for commercial use ("Comm") and is part of a planned mixed-use development that will include both commercial and residential spaces, green areas, and ponds. The convenient location places the property adjacent to City Hall and the Fire Station on Capital Street, ensuring high traffic and prominent exposure. The development's proximity to I-380 provides easy access for both local residents and visitors. While offers are contingent upon final infrastructure approval from the city of Urbana, this lot represents a significant opportunity to establish a business in a rapidly growing area. The lot's size allows for considerable flexibility in development plans, catering to a wide range of commercial ventures. This is a rare chance to secure a prime commercial location in a vibrant, up-and-coming community. The asking price for this exceptional property is $191,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.