Property summary
This exceptional commercial land opportunity consists of two adjacent parcels totaling 2.18 acres, situated just south of Cherokee, Iowa, and conveniently located right off Highway 59. Priced at $50,000, this represents an attractive investment for developers seeking a strategic location with excellent visibility. The property is ideal for a variety of commercial uses, benefiting from its high-traffic location and proximity to Cherokee's amenities. Utilities are readily available near both parcels, simplifying the development process and reducing upfront costs. The combined acreage provides ample space for a range of projects, from retail establishments to light industrial facilities. The address is 1480 & 1490 S. 2nd Street, Cherokee, IA 51012. This is a rare chance to acquire a significant piece of commercial real estate in a growing area at a highly competitive price. Don't miss this opportunity to secure a prime location for your next venture. The property is located in Cherokee County, Iowa.
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
Similar Nearby for Lease
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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