River Road and Kentucky Avenue

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River Road and Kentucky Avenue

Mount Pleasant, IA 52641
Asking Price
$135K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel encompasses 12.32 acres of undeveloped land
  • Located at the intersection of River Road and Kentucky Avenue
  • Priced at 135000 dollars for the entire site
  • Situated within the city limits of Mount Pleasant Iowa
  • Flexible acreage suitable for various commercial or industrial projects

What's Special

Development potential defines this 12.32-acre land parcel situated at the intersection of River Road and Kentucky Avenue in Mount Pleasant, Iowa. This expansive site provides ample space for a variety of commercial, industrial, or residential projects requiring significant acreage. The property is positioned within a regional market known for its steady agricultural and manufacturing base, offering a strategic location for operators seeking accessibility within Henry County. Its proximity to major local thoroughfares supports logistics-heavy operations or large-scale facility planning. Investors and developers will find the parcel well-suited for expansion plans that demand significant ground coverage in a stable Midwestern environment. The site's configuration and scale allow for flexible land-use planning, catering to project requirements ranging from distribution centers to mixed-use developments. With its prime placement, this acreage serves as a foundational asset for long-term growth and infrastructure investment in the Mount Pleasant area.

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NOI
$80,000
Cap Rate
59.26%
DSCR
9.98
Strong
Cash-on-Cash
177.74%
Monthly Payment
$667.906
Annual Cash Flow
$71,985.124

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