Hickory Avenue

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Hickory Avenue

Mount Pleasant, IA 52641
Asking Price
$125K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset consisting of 12.25 acres for sale.
  • Property is located on Hickory Avenue in Mount Pleasant, Iowa.
  • Site is zoned and designated for versatile commercial development projects.
  • Asking price for this expansive parcel is set at $125,000.
  • Positioned within a key regional market for steady business growth.

What's Special

This commercial land is currently for sale, providing a strategic acquisition for investors or developers seeking to capitalize on the growth of the Mount Pleasant market. Spanning 12.25 acres on Hickory Avenue, the site offers significant scale for a variety of commercial projects. The parcel presents a versatile canvas for business expansion or development in this established Iowa community, which serves as a regional hub for local commerce and economic activity. Mount Pleasant maintains a stable environment for investment, characterized by its accessibility and proximity to key regional thoroughfares. Given the acreage and its commercial designation, the site is well-suited for industrial, retail, or mixed-use applications that require substantial footprint for operations. Prospective buyers will find this land positioned to accommodate future site planning requirements, offering flexibility for long-term hold or immediate project deployment in a market that remains a steady contributor to the regional landscape.

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NOI
$80,000
Cap Rate
64.00%
DSCR
10.78
Strong
Cash-on-Cash
193.54%
Monthly Payment
$618.432
Annual Cash Flow
$72,578.818

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