0 16.36 Acres Ottosen, IA 50570
This exceptional 16.36-acre commercial land parcel in Ottosen, Iowa, presents a unique investment opportunity. Located in Shelby County (zip code 50570), this industrially zoned property boasts city-owned incentives for prospective businesses, making it an attractive proposition for developers and entrepreneurs. The lot is characterized by a sloping terrain and offers convenient city/town road frontage. Utilities include electricity and gas, with additional utilities detailed in the remarks. Flood insurance is not required for this property. The parcel number is 832919000002. While the property features existing improvements, specifics are available upon request. The asking price is $200,000. Potential buyers should note that the property has restrictions and easements, details of which are also available in the remarks. This expansive acreage offers significant potential for various industrial uses, enhanced by the availability of city incentives. Its strategic location and readily available utilities make it an ideal site for a wide range of commercial ventures. Don't miss this chance to acquire a substantial industrial land parcel in a growing Iowa community.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.