1050 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 1050 20th Ave SW, this property boasts unparalleled 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 excellent exposure for any commercial venture. The property is zoned C-2, making it suitable for a wide range of commercial uses, including sales, service, and professional office spaces. This versatile lot offers significant potential for businesses seeking a high-profile location with strong community ties. City utilities are already installed, simplifying the development process and reducing upfront costs. This is one of three desirable commercial building lots in this area, representing a rare chance to secure a prime location for your business. The asking price is $79,000. Don't miss this chance to establish your presence in a thriving community. The property is situated in Buchanan County, Iowa, with a zip code of 50644.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.