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209 SE Second St
Gilbert, IA 50105
Asking Price
$200K
Asset Type
Agricultural Land
Class
Class B
What's Special
Prime 2.8-Acre Mixed-Use Commercial Lot Opportunity - Gilbert, IA <p><span style="color: rgba(0, 0, 0, 1)">Maximize your commercial footprint in the Gilbert market! Located at 209 SE Second Street, this 2.8-acre parcel offers a combination of significant space and flexible mixed-use commercial zoning inside town limits. The expansive lot size provides developers and business owners with the unique ability to design a multi-tenant retail plaza, a corporate office campus, or an integrated commercial/residential mixed-use community. Boasting superb accessibility
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NOI
$80,000
Cap Rate
40.00%
DSCR
6.74
Strong
Cash-on-Cash
113.54%
Monthly Payment
$989.491
Annual Cash Flow
$68,126.109
