Lot 2 4200 BLK S 22nd Avenue E  Newton Property

Property Details

Listing Price:

$350,000

Listing Address:

Lot 2 4200 BLK S 22nd Avenue E
Newton  IA 50208

Full Baths:

0

Partial Baths:

0

Lot Size:

1.17

Schools:

Newton

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Property Description

Amazing high-traffic opportunity right off I-80, connecting to the Iowa Speedway and the Newton Airport. This commercially zoned land is perfect for fast food chains, gas stations and even hotels! It qualifies for a business property tax credit, which is automatically applied to any commercial property. The first $150,000 is taxable as residential, which is ~54%, and anything after that is considered commercial again, which is 90% taxable. All utilities available. Flexible options to include adjacent properties. Property to be surveyed and subject to city/county review.

Contact Information