Property summary
This exceptional 52.28-acre parcel presents a prime development opportunity in Newton, Iowa. Strategically located near I-80, this property boasts convenient access to major transportation routes. Currently zoned R-3 Mixed Residential, the land offers significant potential for a variety of residential projects, including single-family homes and multi-family dwellings. The site is situated within an established residential area, providing a desirable location for future residents. Its proximity to schools, the YMCA, the airport, and the Iowa Speedway further enhances its appeal. With a total land area of 2,284,896 square feet, this expansive tract offers ample space for large-scale development. The asking price is $2,277,317, translating to $43,560 per acre. This represents a compelling investment opportunity in a thriving community with strong growth prospects. The property's location north of I-80 ensures easy access for commuters and residents alike. Detailed zoning information and future land use plans are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent infrastructure and amenities. Don't miss out on this chance to shape the future of Newton.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning