Technical
Financial
Distress signals
Property profile

5 Hwy 65 & Hwy Carlisle, IA 50047

OFF-MARKET
Land
2.11 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering in Carlisle, Iowa, presents a unique investment opportunity. Located at the strategic intersection of Highway 65 and Highway 5, this property boasts a combined lot size ranging from 2.11 to 3.44 acres, zoned for both C-2 Commercial and M-1 Light Industrial uses. The land is priced competitively at $4.45 to $5 per square foot. This prime location offers unparalleled access to major transportation arteries, with Highway 5 seeing 16,000 vehicles per day and Highway 65 boasting 20,300 vehicles per day, ensuring high visibility and accessibility for any development. The property is ideally situated for a variety of uses, including manufacturing, warehousing, hotels, and other commercial or industrial projects. Furthermore, this opportunity is enhanced by the availability of build-to-suit and lease options for qualified tenants. Significant financial incentives are also available, including Tax Increment Financing (TIF) and the potential for a 10-year, 100% tax abatement for suitable projects. The property's proximity to Downtown Des Moines adds further appeal, providing easy access to a larger market and workforce. This is a rare chance to acquire land in a thriving location with substantial development potential and attractive financial incentives. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Land
Lot 2.11 ac (91,912 SF)

Cap rate & NOI

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

Location

5 Hwy 65 & Hwy Carlisle, IA 50047
Carlisle metro
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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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