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    Unknown Newton, IA 50208
    Property profile & analytics

    Unknown, Newton, IA 50208

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    • Retail space
    • 744 SF
    • 0.35 lot acres
    Mixed-Use Property with Rental Potential For Sale
    $170,000
    3,001 SF

    Mixed-Use Property with Rental Potential

    Three buildings totaling 3,001 sq ft with diverse possibilities.

    1127 E 12th Street N, Newton, IA 50208
    View Listing
    Property ID
    US25-2235290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for Unknown

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.35 lot acres
    Property size
    744 SF
    Property type
    Retail space
    APN
    827279012
    APU
    827279012

    Description

    This exceptional Newton, IA commercial property presents a unique investment opportunity. The offering encompasses two parcels totaling 0.53 acres, featuring four buildings with a combined 5,329 square feet of versatile space. Parcel 1 (0827279012) includes three buildings, offering a total of 3,001 square feet. Parcel 2 (0827279011) comprises a single building spanning 2,328 square feet. The property boasts eight existing rental units, with significant potential for expansion and additional units on the main building. The existing structures offer a diverse range of spaces, including water access, two furnaces, overhead doors, ample storage, dedicated workspace, and office areas suitable for retail or other commercial uses. The flexible layout and multiple buildings provide exceptional adaptability for a variety of business ventures or rental income streams. This property's location in Newton, IA, offers excellent access to local amenities and transportation networks. The combination of existing income potential and expansion possibilities makes this a compelling investment opportunity for discerning buyers seeking a high-return property. The asking price is $225,000.


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    Location Insight

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    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0393
    Latitude
    41.7109
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,962
    $22,860
    $108,200
    $131,060
    -
    $22,860
    $108,200
    $131,060
    View Listing
    More about this property
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