1501 1St Ave Newton, IA 50208
- Grocery and convenience stores
- 66,500 SF
- 14.22 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 1501 1St Ave
- Year built
- 2007
- Lot size
- 14.22 lot acres
- Property size
- 66,500 SF
- Property type
- Grocery and convenience stores
- APN
- 835151013
- APU
- 835151013
Description
This exceptional commercial development opportunity encompasses approximately 1.22 to 1.44 acres of land strategically located in Newton, Iowa, at 1501 1st Avenue E, zip code 50208. The property is situated in Jasper County and offers excellent visibility and accessibility. The land is divided into two parcels. Parcel A boasts frontage on Highway 6 and is directly adjacent to the Hy-Vee Fast N Fresh store. Parcel B is located immediately behind the Hy-Vee Fast N Fresh, sharing a border with the store's parking lot. This prime location benefits from its proximity to a major grocery retailer, ensuring high traffic volume and excellent exposure for any commercial venture. The site is part of a thriving retail corridor, characterized by good visibility and a signalized intersection, further enhancing its appeal to potential developers. The asking price for this exceptional property is $399,900. This presents a unique chance to establish a business in a high-traffic area with strong existing infrastructure. The property's location adjacent to a well-established Hy-Vee store makes it an ideal site for complementary businesses or retail development.
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
- Newton
- County
- Jasper
- State
- Iowa
- Longitude
- -93.0341
- Latitude
- 41.6975
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
