0 Rerick Ave Primghar, IA 51245
This exceptional 0.28-acre commercial land parcel presents a unique investment opportunity in Primghar, Iowa. Strategically located at the southeast corner of North Rerick Avenue (Highway 59) and 6th Street NE, this property offers high visibility and excellent accessibility. The lot encompasses 12,276 square feet, providing ample space for a variety of commercial ventures. Currently zoned R - Residential, the property's zoning designation presents potential for development, subject to local planning and zoning approvals. This prime location in O'Brien County, Iowa, offers a strong foundation for building a successful business. The property's address is N Rerick Ave, Primghar, IA 51245. Its coordinates are latitude 43.0932798 and longitude -95.6242475. The asking price for this exceptional commercial land is $12,000. This represents a compelling opportunity to acquire a well-situated property with significant development potential in a growing community. Serious inquiries are encouraged to explore the possibilities this property offers.
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
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.