Property summary
This exceptional 3.41-acre commercial property presents a unique investment opportunity in the thriving town of Kalona, Iowa. Located at 102 1st Street, this expansive lot offers significant potential for a variety of commercial ventures. The property's generous size allows for ample development possibilities, catering to businesses requiring substantial space for operations, storage, or expansion. Its strategic location within Kalona ensures high visibility and accessibility, benefiting from existing infrastructure and proximity to local amenities. The asking price of $2,200,000 reflects the significant value and potential return on investment this property offers. Given its size and prime location, this property is ideal for developers seeking a substantial land parcel for a new commercial project or for established businesses looking to expand their operations. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering in the heart of Kalona. The property is zoned for commercial use, and all necessary utilities are readily available. This is a rare opportunity to acquire a significant commercial land holding in a desirable Iowa location. Further details regarding zoning regulations and utility specifications are available upon request.
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property 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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