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OAK VIEW DRIVE MANCHESTER IA 52057
MANCHESTER, IA 52057
Asking Price
$415K
Asset Type
Commercial Land
Class
Class B
What's Special
Commercial Land I 2.87 Acres <p><span style="color: rgba(34, 34, 34, 1)">Exceptional commercial land opportunity located directly off Exit 277 on U.S. Hwy 20, offering prime visibility and access along one of Manchester's most traveled corridors. With highway traffic counts ranging from approximately 6,000-8,500 vehicles per day, plus strong supporting traffic on surrounding streets averaging 2,800-4,500 vehicles daily, this location provides outstanding exposure for a convenience store or similar retail use. Positioned on
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NOI
$80,000
Cap Rate
19.28%
DSCR
3.25
Strong
Cash-on-Cash
44.47%
Monthly Payment
$2,053.194
Annual Cash Flow
$55,361.677
