4 Urbana Towne Ctr Urbana, IA 52345
This exceptional 2.08-acre parcel of land presents a unique investment opportunity in the thriving Urbana Towne Centre, located in Benton County, Iowa. Zoned for potential development, this property boasts 500 feet of frontage along 31st Avenue, offering significant visibility and accessibility. The lot dimensions measure approximately 537 feet by 142 feet, providing ample space for a variety of uses. Access to the property will be facilitated through the Urbana Towne Centre. Currently designated as farmland, this site is ideally suited for projects such as apartment complexes or condominiums, capitalizing on its prime location and high visibility. The property's address is Lot 9, Future Phase 4, Urbana Towne Centre, Urbana, IA 52345. The asking price for this exceptional land is $100,000. While the current gross tax is listed as $0.00, potential buyers should conduct their own due diligence to determine future tax implications. This is a rare opportunity to acquire a strategically located parcel of land with significant development potential in a growing community. Don't miss out on this chance to secure a piece of Urbana's future.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.