0 Us-61 Dubuque, IA 52003
This exceptional 158.38-acre property in Dubuque, Iowa, presents a unique investment opportunity. Located on US-61, it boasts unparalleled visibility and high traffic counts, offering easy access to major transportation routes. Currently zoned for agricultural, commercial, and residential use, this versatile land allows for a blend of development options. The asking price is $4,751,400, translating to $30,000 per acre. The property's strategic location between downtown Dubuque and the airport maximizes its potential. The front portion enjoys excellent Highway 61 visibility, while the rear parcels feature lush timber, ideal for residential development. The surrounding area showcases a diverse mix of commercial, agricultural, and residential properties, creating a cohesive and thriving community. While one parcel is currently zoned C, and the rest R-3 per city records, buyers are encouraged to verify zoning options with the city of Dubuque to align with their specific development plans. The property extends beyond the highway frontage, offering significant depth and development potential. A sign is visible near the Airline Motel. This is a truly remarkable opportunity to capitalize on a prime location and create a successful mixed-use development.
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
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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.