Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

2007 HWY 59 - Re-Development Opportunity 3.75 Acres of Commercial Land Offered at $690,000 in Shenandoah, IA 51601

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • 3.75 Acre Re-Development Opportunity
  • SE corner of US Hwy 59 & Airport Rd Shenandoah, IA
  • Primary, Lighted Intersection

Executive Summary

Located at the SE corner of US Hwy 59 & Airport Rd in Shenandoah, this high-visibility property presents an exceptional redevelopment opportunity directly along one
of the area’s most heavily traveled corridors. Currently operating as a motel and campground, the true value lies in the land, location, and exposure. With immediate access and frontage on US Highway 59, the site is ideally positioned for a major retailer, truck stop, travel center, or highway-oriented commercial use. The constant traffic flow, ease of ingress/egress, and visibility to passing motorists make this an ideal destination site for a national or regional operator seeking to capture highway demand. The property offers ample acreage and flexible layout, allowing for reconfiguration to accommodate fuel stations, convenience retail, food service, parking, and ancillary uses. This stretch of highway serves both local and long-distance traffic, creating a rare opportunity to develop a destination that meets the needs of commuters, travelers, and commercial drivers alike. Whether envisioned as a modern truck stop, branded travel plaza, or another high-traffic retail concept, this site delivers the fundamentals developers look for: location, access, visibility, and scale. Endless potential exists to transform this property into a flagship highway retail destination.

Property Facts

Price $690,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Convenience Store
  • Fast Food
  • Restaurant
  • Truck Stop
Total Lot Size 3.75 AC
No. Stories 1
Cross Streets Airport Road
Zoning C - Commercial

1 Lot Available

Lot

Price $690,000
Price Per AC $184,000.00
Lot Size 3.75 AC

Redevelopment Opportunity

Property Taxes

Property Taxes

Parcel Number
0-400400-52010000
Land Assessment
$96,880
Improvements Assessment
$201,630
Total Assessment
$298,510
  • Listing ID: 39324126

  • Date on Market: 8/15/2022

  • Last Updated:

  • Address: 2007 HWY 59, Shenandoah, IA 51601

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}