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6232 S-74 Highway 6,816 SF Sports & Entertainment Building Offered at $798,000 at a 20% Cap Rate in Newton, IA 50208
Executive Summary
This home was sold on contract, but contract not fulfilled.
Property Facts
| Price | $798,000 | Building Class | B |
| Price Per SF | $117.08 | Lot Size | 13.91 AC |
| Sale Type | Investment or Owner User | Building Size | 6,816 SF |
| Cap Rate | 20% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2011 |
| Property Type | Sports & Entertainment | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Golf Course/Driving Range | ||
| Zoning | Commercial - currently zoned for a commercial building site, could be changed back to AG | ||
| Price | $798,000 |
| Price Per SF | $117.08 |
| Sale Type | Investment or Owner User |
| Cap Rate | 20% |
| Sale Condition | Business Value Included |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | B |
| Lot Size | 13.91 AC |
| Building Size | 6,816 SF |
| No. Stories | 1 |
| Year Built | 2011 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | Commercial - currently zoned for a commercial building site, could be changed back to AG |
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Property Taxes
| Parcel Number | 13-26-100-005 | Improvements Assessment | $579,400 |
| Land Assessment | $40,150 | Total Assessment | $619,550 |
Property Taxes
Parcel Number
13-26-100-005
Land Assessment
$40,150
Improvements Assessment
$579,400
Total Assessment
$619,550
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Iowa Realty Grinnell
6232 S-74 Highway
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