0 Commercial Lots Adel, IA 50003
This exceptional commercial real estate opportunity encompasses 20.93 acres of prime retail land in Adel, Iowa, located in Dallas County, zip code 50003. The property, known as Commercial Lots Plat 3, offers flexible space options ranging from 1,500 to 3,000 square feet, making it ideal for a variety of retail businesses. Its strategic location provides excellent visibility and accessibility due to its frontage along Highway 169, a major thoroughfare ensuring high traffic volume and exposure. The land is divisible, allowing for tailored development to suit individual business needs. This presents a unique chance to establish a presence in a growing community. Further enhancing the investment potential is a proposed 152-unit residential project situated just south of lots 8, 9, and 10, promising increased foot traffic and a thriving local market. The property's location at latitude 41.629789 and longitude -94.0491077 provides easy access to local amenities and transportation networks. This is a rare opportunity to acquire a significant parcel of commercial land in a desirable location with strong growth potential. The total area is approximately 2,000,000 square feet. Contact us today to learn more about this exceptional investment opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.