1221 frontier Road

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1221 frontier Road

Ellston, IA 50074
Asking Price
$450K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The site consists of a 0.372-acre parcel available for purchase.
  • The property is located at 1221 Frontier Road in Ellston.
  • The asking price for this land asset is $450,000.
  • The parcel is situated at geographic coordinates 40.8615, -94.0495.
  • This offering provides a development opportunity within Ringgold County.

What's Special

This land parcel represents a sale opportunity suited for developers or investors seeking a build-ready site in Ellston, Iowa. Spanning 0.372 acres, the property is positioned at 1221 Frontier Road, offering a manageable footprint for specialized construction projects. The local economy in this part of Ringgold County centers on agricultural enterprise and small-town commerce, creating a stable environment for commercial or private development. Investors looking to expand their regional portfolio may find this site well-positioned for various ground-up construction applications given its accessible footprint and street frontage. Prospective buyers will appreciate the utility of this parcel within the Ellston market, which provides a straightforward development process for entities aiming to establish a foothold in a quiet, growing suburban-adjacent setting. The site at 40.8615, -94.0495 serves as an blank slate for projects requiring proximity to regional transit routes and local municipal infrastructure. Whether targeting a retail footprint or an alternative commercial use, this property offers a clear path toward site development in a stable Midwestern landscape.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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