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🏢 Just listed — Agricultural Land for sale in ADEL, IA.

📍 TBD HICKMAN RD, ADEL, IA
🏷  Agricultural Land · For Sale
💰 $6.50M

Hickman Road Land, Adel

<p>On Hickman Road/Hwy 6, just minutes to Waukee and Adel. 72+ acres of prime development for business park or residential development. Utilities at the street. </p>

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/adel/waukee-land-72-acres-2489590-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=waukee-land-72-acres-2489590

#ADEL #Land #CommercialRealEstate #CRE #Investment

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Home/IA/ADEL

TBD HICKMAN RD

ADEL, IA 50003

Asking Price

$6.50M

Asset Type

Agricultural Land

Class

Class B

What's Special

Hickman Road Land, Adel <p>On Hickman Road/Hwy 6, just minutes to Waukee and Adel. 72+ acres of prime development for business park or residential development. Utilities at the street. </p>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

1.23%

DSCR

0.21

Underwater

Cash-on-Cash

-15.69%

Monthly Payment

$32,158.453

Annual Cash Flow

$-305,901.442

Location & Travel Times

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