Property profile

33 327Th Ln Perry, IA 50220

OFF-MARKET
Retail properties & Spaces
Property ID
US25-1210647
1 SF
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 1 SF
UPID US25-1210647

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

33 327Th Ln Perry, IA 50220
Perry metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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