1000 20Th Ave Independence, IA 50644
This exceptional 2.15-acre commercial lot presents a remarkable opportunity for development in Independence, Iowa. Strategically located on the west edge of town at 1000 20th Ave SW Lot 2, this property boasts excellent visibility and accessibility. Its prime location near the new Junior/Senior High School and in close proximity to Highway 20 ensures high traffic volume and strong potential for attracting customers. The property is zoned C-2, making it suitable for a wide range of commercial uses, including sales, service businesses, and professional offices. This versatile lot offers significant advantages for businesses seeking a prominent location with high visibility. City utilities are already installed, simplifying the development process and reducing upfront costs. The asking price for this exceptional commercial land is $74,000. Don't miss this chance to secure a prime location for your business venture in a thriving community. This is one of three available lots in this desirable area. The property is situated in Buchanan County, Iowa, with a zip code of 50644. The coordinates are 42.4651716 latitude and -91.9197052 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.