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Property profile & analytics
FOR SALE
Commercial land

24502 Great River Rd Princeton, IA 52768

Property ID
US25-1066313
Property summary
AI-generated overview

Location: The subject property is located approximately 16 miles northeast of Quad Cities International Airport and is within the City of Princeton. Nearby cities include: Le Claire (3 miles south), Bettendorf (4 5/8 miles southwest), and Clinton (9 3/16 miles northeast). Frontage: There is approximately 1/8 mile of road frontage on U.S. Route 67. Major Highways: U.S. Route 67 is the east border, Illinois Route 84 is 5/8 mile east, Interstate 80 is 4 1/4 miles south, Interstate 88 is 8 1/8 miles southeast, Interstate 74 is 9 3/8 miles southwest, and U.S. Route 30 is 10 miles north of the property. Legal Description: A brief legal description indicates The Anderson 400 is located in Part of the East Half of Section 10 and Part of the South Half of Section 11, Township 79 North – Range 5 East (Princeton Township) and Part of the Northwest Quarter of Section 14, Township 79 North – Range 5 East (LeClaire Township), Scott County, Iowa. Total Acres: There are a total of 399.064 acres according to a survey. Soil Types: Major soil types found on this property include: Timula silt loam, Dockery silt loam, Downs silt loam, and Fayette silt loam. Topography: The topography of the subject property is nearly level to very rolling. Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner. Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract. Price Terms: The asking price is $36,215 per acre. A 10% earnest money deposit should accompany any offer to purchase. Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request. Taxes: The 2021 real estate taxes totaled $10,280.00. The tax parcel numbers are: 951005001, 951021001, 951023001, 951037001, 951039001, 951053001,951055001, 951133002, 951135003, 951149002, 951401003, 951151006, 951403009. Grain Markets: There are a number of grain markets located within 20 miles of The Anderson 400. Zoning: The property is zoned GBP, Green Business Park. Comments: The Anderson 400 is an Iowa Certified Site. Mark Mommsen is a licensed real estate broker in Iowa, Illinois, and Wisconsin.

Property profile
Verified
Property type Commercial land
UPID US25-1066313
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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