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1004 S Grand Ave 1 Acre of Commercial Land Offered at $1,250,000 in Spencer, IA 51301
Investment Highlights
- Corner Lot for great viewership and right by the highway for easy access.
- One acre of development-ready land offering flexibility for multiple uses.
- All essential utilities available on-site including sewer, water, gas, and electric.
- Zoned for commercial, enabling retail, office, hospitality, or multi-family development.
Executive Summary
This corner lot offers exceptional visibility and access in Spencer, Iowa, a community recognized for its strong commercial base and steady growth within Northwest Iowa. Located at a key intersection along South Grand Avenue, the property benefits from high traffic counts and convenient connectivity to major thoroughfares, ensuring long-term viability for multiple development types. The site is zoned for commercial use and supports diverse opportunities including retail, office, hospitality, and multi-family projects. Infrastructure is well established with full utility access on site, including water, sewer, electricity, and natural gas connections.
Positioned in the heart of Spencer, the property provides unparalleled visibility for new construction and immediate access to surrounding amenities such as retail corridors, dining establishments, and residential neighborhoods. Strong community demographics and proximity to key routes make this location attractive for investors looking for future appreciation potential and flexible development options. Whether for a single-use project or a mixed-use environment, this site delivers functionality, exposure, and convenience in equal measure.
Positioned in the heart of Spencer, the property provides unparalleled visibility for new construction and immediate access to surrounding amenities such as retail corridors, dining establishments, and residential neighborhoods. Strong community demographics and proximity to key routes make this location attractive for investors looking for future appreciation potential and flexible development options. Whether for a single-use project or a mixed-use environment, this site delivers functionality, exposure, and convenience in equal measure.
Property Facts
| Price | $1,250,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Zoning | C - Commercial | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.00 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 1.00 AC |
| Price Per AC | $1,250,000.00 |
| Price | $1,250,000 |
| Price Per AC | $1,250,000.00 |
| Lot Size | 1.00 AC |
Prime Corner Lot for Sale – Spencer, IA Location, Visibility, and Potential! https://clay.iowaassessors.com/parcel.php?gid=17596
Description
Located at 1004 South Grand Avenue in Spencer, IA, this one-acre tract carries commercial zoning and provides full offsite improvements including street, curb, sidewalk, and utility connections. Positioned at a prominent intersection within the city, the lot delivers frontage along primary roadway systems and offers suitability for varied commercial applications such as retail or office settings. Connectivity to area streets and city infrastructure facilitates streamlined development implementation.
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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1004 S Grand Ave