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    Commercial Dr Riverside, IA 52327

    • Land
    • 3.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Commercial Dr

    Lot size
    3.32 lot acres
    Property type
    Land

    Description

    This exceptional 3.32-acre commercial lot presents a remarkable investment opportunity in Riverside, Iowa. Located at the strategic intersection of Highway 218 and Highway 22, this property boasts unparalleled visibility and accessibility. The lot is zoned C-2, allowing for a wide range of commercial development possibilities. All necessary streets and utilities are already in place, significantly reducing development time and costs. The high traffic counts make this an ideal location for businesses seeking maximum exposure. Specifically, Highway 218 sees 13,200 vehicles daily south of Riverside and 18,000 vehicles daily north of Riverside. Highway 22 experiences 3,280 vehicles daily west of Highway 218 and 4,030 vehicles daily east of Highway 218. This translates to significant potential for attracting customers and maximizing return on investment. The property is owned by the City of Riverside and is offered at an asking price of $289,000. Don't miss this chance to secure a prime commercial location in a thriving area. This property is ready for immediate development and offers exceptional potential for growth. Contact us today to learn more about this exciting opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Washington
    State
    Iowa
    Longitude
    -91.5476
    Latitude
    41.4871

    Comparable in this City

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      9.30 Acres

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      35.29 Acres

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      VACANT COMMERCIAL LAND • 35.29 Acres
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      0.50 Acres

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      COMMERCIAL (GENERAL) • 0.50 Acres
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    • Value Estimation by Request
      1.00 Acre

      Riverside, IA 52327

      COMMERCIAL (GENERAL) • 1.00 Acre
      Riverside, IA 52327
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    • Value Estimation by Request
      1.74 Acres

      Palm St

      COMMERCIAL (GENERAL) • 1.74 Acres
      Palm St, Riverside, IA 52327
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    Commercial Dr
    Riverside, IA 52327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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