$250,000 Price Analysis    ♡   Colfax, IA 50054 Unknown bed None bath unknown SqFt ($0/SqFt) 3.51 acre lot. Listed 2024-04-11, Taxes $7,510 | Ⓧ USDA Ineligible due to property near Colfax |
Less than 25 minutes from Des Moines -- SELLER FINANCING AVAILABLE -- ADJACENT WAREHOUSE FOR SALE 10768 ORCHARD AVE -- Nestled in a prime location
This 3.51-acre commercial lot represents a rare opportunity for forward-thinking investors and developers. Situated in Colfax, IA, off the I-80, this property combines unparalleled access and visibility, making it a strategic choice for a wide array of commercial vent ures. The lots prominent positioning adjacent to I-80 ensures easy accessibility for both customers and deliveries, enhancing operational efficincy for any business. Furthermore, its visibility from the highway presents an outstanding advantage for business signage, offering exceptional exposure to a constant stream of potential customers.
Currently subject to subdivision approval, this parcel holds immense potential for a bespoke commercial development, tailored to capitalize on its strategic location. The process of subdivision approval opens up possibilities for investors to segment the development, allowing for a phased approach or the option to sell subdivided parcels, increasing flexibility and investment appeal. Ideal for entities ranging from retail outlets, service centers, to custom-built facilities, this lot offers a blank canvas to create a landmark development that could benefit from high traffic visibility and easy interstate access. The strategic location coupled with the lot's considerable size offers a unique development opportunity.
Presented by Cody Wilkinson at
Soldfast Real Estate.
Property MLS #693010 from DesMoines
Lot Size Acres: 3.51
Lot Size Square Feet: 152896
Source Listing Status: Active
County: Jasper
Directions: Head east on I-80 E 0.2 mi Take exit 155 toward IA-117 S 0.3 mi Turn right onto IA-117 S 0.2 mi Turn right onto Orchard Ave 0.2 mi 10768 Orchard Ave Colfax, IA 50054
Source Property Type: Land
Area: Colfax
Source Neighborhood: Colfax
Parcel Number: 0636300017
Postal Code Plus 4: 7600
Zoning: A
Lot Number: 2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $17,090 + $12,900 $29,990 | $7,510 |
| 2021 | $84,470 + $116,700 $201,170 | $7,658 |
| 2020 | $84,470 + $116,700 $201,170 | $7,570 |
| 2019 | $84,470 + $116,700 $201,170 | $8,020 |
| 2018 | $84,470 + $116,700 $201,170 | $8,096 |
| 2017 | $84,470 + $116,700 $201,170 | $7,210 |
| 2015 | $74,870 + $108,530 $183,400 | $5,164 |
| 2015 | $74,870 + $108,530 $183,400 | $5,164 |
| 2014 | $34,050 + $101,810 $135,860 | $5,356 |
| 2013 | $34,050 + $101,810 $135,860 | $6,304 |
| 2012 | $54,410 + $101,810 $156,220 | $6,524 |
| 2011 | $54,410 + $101,810 $156,220 | $7,148 |
$250,000
DesMoines
Sold 2024-03-13
$350,000
Public Record
Sold 2014-07-14
$295,000
Public Record
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.