Property profile

1006 19Th St Newton, IA 50208

OFF-MARKET
Land
52.28 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 52.28 ac (2,277,317 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1006 19Th St Newton, IA 50208
Newton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1006 19Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message