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🏢 Just listed — Commercial Land for sale in Hiawatha, IA.

📍 610 Boyson Rd NE, Hiawatha, IA
🏷  Commercial Land · For Sale
💰 $297K

Land | 1.9 acres

<ul><li>Heavily Trafficked Road</li><li>Will consider Land Lease / Owner Financing</li><li>Currently Zoned Office/Service</li><li>Possible Rezone To Retail or Multi-Family Depending On Planned Use</li><li>Priced Under Appraisal</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/hiawatha/610-boyson-rd-ne-2596728-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=610-boyson-rd-ne-2596728

#Hiawatha #Land #CommercialRealEstate #CRE #Investment

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Home/IA/Hiawatha

610 Boyson Rd NE

Hiawatha, IA 52402-1424

Asking Price

$297K

Asset Type

Commercial Land

Class

Class B

What's Special

Land | 1.9 acres <ul><li>Heavily Trafficked Road</li><li>Will consider Land Lease / Owner Financing</li><li>Currently Zoned Office/Service</li><li>Possible Rezone To Retail or Multi-Family Depending On Planned Use</li><li>Priced Under Appraisal</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

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

NOI

$80,000

Cap Rate

26.94%

DSCR

4.54

Strong

Cash-on-Cash

70.00%

Monthly Payment

$1,469.394

Annual Cash Flow

$62,367.273

Location & Travel Times

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