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Magnolia Rd - 105.56 AC MAGNOLIA Road 105.56 Acres of Commercial Land Offered at $5,500,000 in Underwood, IA 51576
Investment Highlights
- Strategic Location: Positioned at the Underwood exit of Interstate I-80, offering high visibility and easy accessibility.
- Utility Access: Equipped with Regional Water and City Sewer utilities along Magnolia Rd, with options for natural gas and electricity services through
- Development Potential: Ideal for large-scale projects or subdivision for multiple smaller users, providing many commercial/industrial opportunities.
- Great Investment: Phenomenal location and infrastructure make it a valuable investment for various development projects.
Executive Summary
This prime tract of land is well positioned for various commercial or industrial uses given its phenomenal location at the Underwood exit of Interstate I-80.
Property Facts
1 Lot Available
Lot
| Price | $5,500,000 | Lot Size | 105.56 AC |
| Price Per AC | $52,103.07 |
| Price | $5,500,000 |
| Price Per AC | $52,103.07 |
| Lot Size | 105.56 AC |
Highly visible, and easily accessible, this large tract offers great development opportunity for a large scale project, or could be subdivided for multiple smaller users.
Description
This prime tract of land is well positioned for various commercial or industrial uses given its phenomenal location at the Underwood exit of Interstate I-80. Highly visible, and easily accessible, this large tract offers great development opportunity for a large scale project, or could be subdivided for multiple smaller users. The site has access to both Regional Water and City Sewer utilities along Magnolia Rd as well as the option to connect to natural gas and electricity services through MidAmerican Energy.
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $294,900 | Total Assessment | $294,900 |
Property Taxes
Parcel Numbers
Land Assessment
$294,900
Improvements Assessment
$0
Total Assessment
$294,900
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