Property summary
This exceptional 1.59-acre commercial lot, located at 2003 1st Avenue E in Newton, Iowa, presents a unique investment opportunity. The property, identified by APN 0835251028, is zoned C-A, offering considerable flexibility for various commercial ventures. The lot boasts a substantial size of 68,563 square feet and features city water and sewer connections, along with concrete streets and readily available electricity. Situated in Jasper County, this property benefits from convenient access to essential infrastructure and services. The asking price is $206,900. This is an active listing, and the property is not a Real Estate Owned (REO) asset. The property is located within the Newton MLS area and offers significant potential for development given its size and zoning. Serious inquiries are encouraged. This is a rare opportunity to acquire a sizable commercial lot in a desirable location.
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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- 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