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Property profile & analytics
OFF-MARKET Estimated value $1,800,000
Warehouses

200 28th St Fairfield, IA 52556-2609

1,056 SF 20.23 ac lot Built 1975
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US25-1785004
Property summary
AI-generated overview

This exceptional 13.18-acre commercial land parcel presents a unique investment opportunity in Fairfield, Iowa. Strategically located just west of Highway 34, this property enjoys high visibility and accessibility, situated between a Walmart Supercenter and Tractor Supply Co. Across the intersection lie local Ford and Chevy dealerships, ensuring significant daily traffic flow. The land's versatility allows for a range of development options, including retail, office, flex space, or multi-family residential projects. Lots 2 and 3 are particularly well-suited for single or multi-family development. The property offers flexible lot sizes, with the possibility of subdivision to meet specific project needs. All utilities are readily available at adjacent properties, simplifying development and reducing upfront costs. Fairfield, the county seat of Jefferson County, is a thriving community renowned for its entrepreneurial spirit and as the home of Maharishi University. Furthermore, economic incentives are available, making this an even more attractive proposition for developers seeking a prime location with significant growth potential. This is a rare opportunity to acquire a substantial commercial land parcel in a dynamic and growing market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction FRAME
Total area 1,056 SF
Lot 20.23 ac (881,218 SF)
APN 06-27-326-001
UPID US25-1785004
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
Current use
Occupant on record · Public records
  • Fast Blade Lawn Care & Landscape LLC. Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M
Owner & transaction history
Fairfield Mhp Land LLC · 2 yrs held
Fairfield Mhp Land LLC
since 2023
Last sale
$1.8M
2 recorded transactions
2023
$1.8M
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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