Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Landscaping General Contractor
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Discount Store Party Supply Store
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Bakery Specialty Food Shop
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Food Market Restaurant
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Mobile Phone Store Electronics & Wireless Store
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
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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