Property summary
This exceptional 22,500 square foot industrial/office building presents a fantastic opportunity in Newton, IA. Situated on a generous 2.57-acre lot, this well-maintained property offers flexible use potential and significant expansion capabilities. The building's design facilitates easy addition at the end, making it ideal for future growth. Enjoy convenient access to major transportation arteries, including I-80 and Highway 14, ensuring seamless logistics and accessibility. The interior boasts a clear height of 12'4" to the bottom of the steel beams in the center, and 11' on the sides, with a height between beams of 15' in the center and 13' on the sides. This provides ample space for various industrial or office configurations. The property is offered for sale at $877,500. Additionally, lease options are available at a rate of $4.50 per square foot, NNN, annually. A lease-to-purchase agreement may also be considered, offering flexibility for potential buyers. This prime location and versatile space make this an attractive investment opportunity for businesses seeking a strategic foothold in the Newton market. Don't miss this chance to acquire a high-quality, expandable commercial property with excellent access to major transportation routes.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning