1650 Washington St Pella, IA 50219-7547
This exceptional 1.05-acre commercial outlot, located at 1650 Washington Street in Pella, Iowa, presents a remarkable investment opportunity. Situated in a thriving commercial area, this property boasts a CC Community Commercial zoning designation, offering a wide array of potential uses. The possibilities include retail establishments, restaurants with drive-thru capabilities, and office or professional service spaces. Its strategic location provides excellent visibility and accessibility, benefiting from its proximity to a major retailer, Walmart, and other established businesses such as Dollar Tree, Maurices, Great Clips, and Maid Rite. The property's convenient location near Pella Regional Health Center further enhances its appeal and potential for attracting a diverse clientele. This versatile parcel offers significant potential for developers and investors seeking a prime location in a growing community. The 1.05-acre lot size provides ample space for a variety of development projects, making it an ideal opportunity to establish a successful business venture in a high-traffic area. The property's zoning and location combine to create a compelling investment proposition in a desirable Iowa market. This is a rare opportunity to acquire a well-positioned commercial property in a thriving community. The property is located in Marion County, Iowa, with a zip code of 50219.
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Walmart House Cleaning Services Hardware & Home Improvement
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MoneyGram Bank Credit Union
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Walmart Home Theater Installation Electrical Service General Contractor
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Walmart Home Services Social Service Agency
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Walmart Bakery Bakery Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.