726 & 728 Morgan Street

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726 & 728 Morgan Street

Keokuk, IA 52632
Asking Price
$28K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 0.36-acre land parcel is located in Keokuk, Iowa
  • Acquisition price for the combined Morgan Street site is $27,999
  • Strategically positioned within the Tri-State region of the Midwest
  • Site dimensions accommodate diverse potential commercial or private development
  • Property sits near regional transit corridors and major local thoroughfares

What's Special

Priced at $27,999, this 0.36-acre parcel located at 726 & 728 Morgan Street presents a functional land acquisition in Keokuk, Iowa. The property sits within a community known for its proximity to the Mississippi River and its role as a regional industrial and commercial hub. Investors and developers often look to Keokuk for its stable market conditions and strategic position near the tri-state border of Iowa, Illinois, and Missouri. Given the configuration of this site, the land is suited for various development pathways ranging from small-scale commercial build-outs to private infrastructure projects. Prospective buyers can leverage this asset to establish a physical presence in a growing suburban market that benefits from local economic initiatives. The level topography and municipal access support a range of potential uses depending on local development guidelines and specific site planning needs.

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NOI
$80,000
Cap Rate
285.72%
DSCR
48.13
Strong
Cash-on-Cash
932.63%
Monthly Payment
$138.524
Annual Cash Flow
$78,337.715

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