Property summary
This exceptional 1-square-foot commercial land parcel in Perry, Iowa, presents a unique investment opportunity. Previously utilized as a salvage yard, this property offers significant potential for redevelopment. Its strategic location within a thriving area makes it ideal for various commercial ventures. The possibilities are numerous, including self-storage facilities or automotive-related businesses. A key advantage is the inclusion of a heated Morton building, equipped with a functional lift that will remain on the property. The property's address is 33 327th Lane, Perry, IA 50220, situated in Boone County. The asking price for this promising investment is $170,000. While the square footage is listed as 1, this likely reflects a technicality in the listing and should be clarified directly with the seller. The property's true size and potential should be verified through a site visit and due diligence. This is a rare chance to acquire a piece of commercial land with existing infrastructure in a growing Iowa community. Don't miss this chance to capitalize on the potential of this unique property. Serious inquiries only.
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
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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