Hickory Avenue

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Hickory Avenue

Mount Pleasant, IA 52641
Asking Price
$272K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property encompasses a total of 32.05 acres of land.
  • This parcel is currently listed for sale at $272,425.
  • The site is situated on Hickory Avenue in Mount Pleasant, Iowa.
  • The coordinates for this land asset are 41.0323, -91.5823.
  • This location serves as a versatile setting for diverse development projects.

What's Special

Priced at $272,425, this 32.05-acre parcel of land sits on Hickory Avenue in Mount Pleasant, Iowa. The expansive acreage provides a substantial footprint for various development interests within this Henry County community. Mount Pleasant serves as a regional hub with access to primary transportation routes, making it a functional setting for agricultural, industrial, or residential expansion projects. Investors and developers will find the site provides ample room to execute long-term land-use strategies. The surrounding area maintains a consistent economic pace, typical of established Midwestern municipal markets, and offers accessibility for regional operations requiring larger land tracts. Prospective buyers have the opportunity to secure a significant parcel in a geographic location positioned for continued regional utility and development.

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NOI
$80,000
Cap Rate
29.37%
DSCR
4.95
Strong
Cash-on-Cash
78.10%
Monthly Payment
$1,347.81
Annual Cash Flow
$63,826.277

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