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1501 1st Ave E
Newton, IA 50208
1st Ave Restaurant Pad · Land For Sale
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2.66 AC
INVESTMENT HIGHLIGHTS
- Commercial development ground on Highway 6
- Good retail corridor
- Signalized intersection
- Adjacent to Hy-Vee store and Hy-Vee Fast N Fresh
- Good visibility
EXECUTIVE SUMMARY
Commercial outlot availables!
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 2 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 2.66 AC |
| Zoning | C1 - General Commercial | ||
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.66 AC |
| Zoning | C1 - General Commercial |
2 LOTS AVAILABLE
Lot A
| Price | $399,900 | Lot Size | 1.22 AC |
| Price Per AC | $327,786.89 |
| Price | $399,900 |
| Price Per AC | $327,786.89 |
| Lot Size | 1.22 AC |
Commercial out lot available!
Lot B
| Price | $313,500 | Lot Size | 1.44 AC |
| Price Per AC | $217,708.33 |
| Price | $313,500 |
| Price Per AC | $217,708.33 |
| Lot Size | 1.44 AC |
Commercial outlot available!
DESCRIPTION
Commercial development land located adjacent to Hy-Vee store in Newton, Iowa. Parcel A is located adjacent to Hy-Vee Fast N Fresh and has frontage on Highway 6. Parcel B is directly behind Hy-Vee Fast N Fresh and adjacent to store parking lot.
PROPERTY TAXES
| Parcel Number | 08-35-151-013 | Improvements Assessment | $5,632,720 |
| Land Assessment | $407,240 | Total Assessment | $6,039,960 |
PROPERTY TAXES
Parcel Number
08-35-151-013
Land Assessment
$407,240
Improvements Assessment
$5,632,720
Total Assessment
$6,039,960
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