Rock Island Rd

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Rock Island Rd

Oelwein, IA 50662
Asking Price
$180K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset comprising 4.29 acres of developable space.
  • Property is currently offered for sale at $180,000.
  • Located along Rock Island Rd in Oelwein, Iowa.
  • Site supports various retail or commercial business development projects.
  • Geographic position allows for regional connectivity across the area.

What's Special

Development potential defines this 4.29-acre commercial land parcel situated on Rock Island Rd in Oelwein, Iowa. This expansive site provides the space necessary for a variety of commercial business operations, serving the local needs of the surrounding Fayette County community. The property offers direct access and visibility, making it a viable candidate for retail, service-oriented, or light industrial applications. Oelwein maintains a steady economic base within the regional landscape, supported by infrastructure that connects the area to broader Iowa markets. Investors and business owners seeking to establish or expand a footprint in the Midwest will find this tract a practical choice for long-term project planning and site development. The flexible nature of this acreage accommodates diverse construction layouts and functional requirements, ensuring that buyers can tailor the ground to specific operational or investment strategies.

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NOI
$80,000
Cap Rate
44.44%
DSCR
7.49
Strong
Cash-on-Cash
128.36%
Monthly Payment
$890.542
Annual Cash Flow
$69,313.499

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