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



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.
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
1 Lot Available
Lot
| Price | $690,000 | Lot Size | 3.75 AC |
| Price Per AC | $184,000.00 |
| Price | $690,000 |
| Price Per AC | $184,000.00 |
| Lot Size | 3.75 AC |
Redevelopment Opportunity
1 1
Property Taxes
| Parcel Number | 0-400400-52010000 | Improvements Assessment | $201,630 |
| Land Assessment | $96,880 | Total Assessment | $298,510 |
Property Taxes
Parcel Number
0-400400-52010000
Land Assessment
$96,880
Improvements Assessment
$201,630
Total Assessment
$298,510
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2007 HWY 59 - Re-Development Opportunity
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