200 Louisiana Street

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200 Louisiana Street

Middletown, IA 52638
Asking Price
$20K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land parcel encompasses a total area of 0.421 acres.
  • This property is situated at 200 Louisiana Street in Middletown.
  • The asking price for this specific site is $20,000.
  • Potential use cases include residential or small-scale commercial development.
  • Middletown remains a steady and accessible submarket for real estate investors.

What's Special

Development of this 0.421-acre parcel on Louisiana Street offers a practical investment for those seeking land in Middletown, Iowa. The site provides a straightforward footprint for small-scale residential or light commercial projects. Given its position within the community, the lot serves as an adaptable asset for individual investors or local business owners looking to establish a presence in this growing suburban market within the greater region. Strategically positioned for visibility and access, the property benefits from the steady economic environment characteristic of Middletown. Prospective buyers can leverage the site's dimensions to accommodate varied site plans, providing flexibility for specific architectural or utility requirements. With the land currently available for purchase at $20,000, this listing represents a clear-cut entry point into the local real estate landscape for those evaluating long-term holdings or immediate development prospects.

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NOI
$80,000
Cap Rate
400.00%
DSCR
67.37
Strong
Cash-on-Cash
1313.54%
Monthly Payment
$98.949
Annual Cash Flow
$78,812.611

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