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Property profile & analytics
OFF-MARKET
Land

0 Commercial St Charles City, IA 50616

Property ID
Property summary
AI-generated overview

This exceptional 51,798 square foot commercial lot presents a remarkable development opportunity in Charles City, Iowa. Located on Commercial Street, this level lot boasts convenient access from US Highway 18, a paved city street. The property is zoned M-2, providing flexibility for a variety of commercial uses. Public utilities, including sewer and water, are readily available through the City of Charles City and MidAmerican Energy, simplifying the development process. The site's strategic location offers high visibility and accessibility, situated just two miles from US 27-Avenue of the Saints and fifteen miles from US-63. This advantageous position ensures significant exposure to a substantial customer base. The property's level topography further streamlines construction, minimizing site preparation costs and timelines. For businesses seeking expansion, additional adjacent lots are available, providing potential for future growth and development. The asking price of $45,000 makes this an attractive investment opportunity in a thriving commercial area. The APN is 120810400700. This property is ready for immediate development.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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