Pine Street

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Pine Street

Janesville, IA 50647
Asking Price
$810K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land offering located on Pine Street in Janesville.
  • Portfolio includes 18 build-ready lots for residential development.
  • Total asking price for the subdivision is $810,000.
  • Site supports immediate single-family residential construction projects.
  • Provides a strategic acquisition for developers in the Iowa market.

What's Special

Janesville serves as a growing residential community in Iowa, characterized by its accessible suburban environment and steady regional demand for housing. This offering on Pine Street consists of 18 residential lots ready for immediate development. As an acquisition of a fully prepared subdivision, this land provides a clear path for builders and developers looking to expand their footprint in a localized market. The site is optimized for single-family residential projects, allowing for efficient integration into the existing residential landscape of the area. With all 18 parcels in a build-ready state, project timelines can be streamlined for residential construction. Investors and housing developers will find this asset suitable for residential development aimed at meeting the consistent need for modern housing inventory in this part of Iowa.

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NOI
$80,000
Cap Rate
9.88%
DSCR
1.66
Strong
Cash-on-Cash
13.13%
Monthly Payment
$4,007.438
Annual Cash Flow
$31,910.743

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