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Property profile & analytics
OFF-MARKET
Commercial real estate

1100 20Th Ave Independence, IA 50644

3.02 ac lot
Property ID
US25-1913101
Property summary
AI-generated overview

This exceptional 3.02-acre commercial lot presents a unique investment opportunity in Independence, Iowa. Strategically located on the west edge of town, this property boasts excellent visibility and accessibility, situated near the new Junior/Senior High School and in close proximity to Highway 20, ensuring high traffic volume and exposure. The lot is zoned C-2, making it suitable for a wide range of commercial uses, including sales, service businesses, and professional offices. City utilities are already installed, streamlining the development process and minimizing upfront costs. This is one of three desirable commercial building lots in this area, offering a rare chance to establish a thriving business in a growing community. The expansive lot size provides ample space for construction and potential future expansion. Don't miss this opportunity to secure a prime location for your commercial venture in a vibrant and developing area. The asking price is $129,000. The property is located at 1100 20th Ave. S.W., Lot 4, Independence, IA 50644, within Buchanan County.

Property profile
Verified
Property type Commercial real estate
Lot 3.02 ac (131,551 SF)
UPID US25-1913101
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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