302 Enterprise Dr Independence, IA 50644-9601
This exceptional 1.04-acre commercial land parcel presents a unique investment opportunity in Independence, Iowa. Located at 302 Enterprise Drive, this property boasts a highly desirable C-2 General & Highway Service Commercial District zoning, allowing for a diverse range of uses. Potential development options include retail establishments, restaurants with drive-thru capabilities, office spaces, and various service and professional service businesses. Its strategic location offers excellent accessibility and visibility, further enhanced by its proximity to a Walmart Outlot. The property is situated in Buchanan County, the county seat, ensuring a strong local market and customer base. While offering significant potential, prospective buyers should note that the lot will require replatting prior to development. This prime commercial land is exceptionally priced, making it an attractive proposition for investors seeking a strong return on investment in a thriving Iowa community. The address is 302 Enterprise Dr, Independence, IA 50644. The property's latitude and longitude coordinates are 42.45110078, -91.89134062 respectively.
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Walmart Patio & Garden Services Landscaping General Contractor
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Jakes Fireworks Discount Store Party Supply Store
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Walmart Bakery Bakery Specialty Food Shop
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Walmart Deli Food Market Restaurant
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Walmart Connection Center Mobile Phone Store Electronics & Wireless Store
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
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.