Commercial Dr Riverside, IA 52327
- Land
- 3.32 lot acres
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
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Washington
- State
- Iowa
- Longitude
- -91.5476
- Latitude
- 41.4871