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1264 T Ave., Boone, IA 50036

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For Sale

$1,399,750

25.45 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Farm/Ranch
    Property type

  • 25.5 acres
    Lot size

Explore this Property

HIGH TRAFFIC LOCATION (OVER 16,000 DAILY IN 2023) WITH GREAT VISIBILTY! OVER 3,300 FT. OF US 30 FRONTAGE! This Heavy Industrial zoned property has the future land use capability of being rezoned commercial. The property is located on the south side of Highway 30 between Ames and Boone. It is one mile SE of the bi-annual Farm Progress Show site that will return to central Iowa in 2026. The land was the previous site of a grain elevator and a cement plant over 20 years ago. There is 9.46 acres of open, excellent quality cropland on the southern portion of the 25.45 acres. The land now has many semi-trailers that the owner is planning to remove in the near future. There was a Phase 1 environmental assessment done on part of the property several years ago that can be shared with a potential buyer. The property is being offered as one tract but is owned by three different related entities at this time. We anticipate a new buyer can subdivide the property if they desire after approval from the Boone Co. Planning and Zoning. Boone County is growth friendly. Rural water is in the area and Three Phase power is available however, there are no public sewer lines nearby. The owners of this property receive a lease payment for the double sided lighted billboard with two billboards on each side and they plan to retain the easement lease. One or all these panels could be leased from Lamar Advertising and could add a great deal to the value of a business located on this site.
MLS# 6328275

Courtesy Of Gannon Real Estate & Consult

(515) 233-4144

Property Features

  • Architecture Style
    Other
  • Lot Size
    25.45 Acres

Map and Directions

Directions to 1264 T Ave., Boone, IA 50036

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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