1264 T Ave

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1264 T Ave

Boone, IA 50036
Asking Price
$300K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development parcel totaling 2.5 acres for sale
  • Priced at 300,000 dollars for immediate acquisition
  • Property situated in the city of Boone
  • Versatile land site suitable for various development
  • Located within a growing regional Iowa market

What's Special

This land for sale provides a strategic acquisition for investors or developers seeking a versatile development footprint in Boone, Iowa. Encompassing 2.5 acres, the property offers sufficient space for a range of commercial or industrial projects. Boone serves as a stable regional hub, benefiting from its connection to the greater Des Moines metropolitan area and a consistent agricultural and manufacturing economic base. Buyers will find this parcel well-positioned for various site-specific applications, including light industrial facilities, storage operations, or specialized business developments that require accessible, open acreage. The site layout accommodates flexible construction planning to align with specific organizational or investment requirements in a growing Iowa market.

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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.10%
Monthly Payment
$1,484.236
Annual Cash Flow
$62,189.164

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