1264 T Avenue, Boone, IA 50036 - Boone County

HIGH TRAFFIC LOCATION (OVER 16,000 DAILY IN 2024) WITH GREAT VISIBILITY!

4 INDIVIDUAL TRACTS (PRICES BELOW)

This Heavily 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 in 4 tracts.

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.

Address: 1264 T Ave.

Boone, IA 50036

SUBJECT TO SURVEY

TRAILERS WILL BE REMOVED PRIOR TO CLOSING OR BY AGREEMENT WITH OWNERS

VIEWING: MUST BE ACCOMMODATED BY GANNON REAL ESTATE AGENT.

TRACT 1 2.5 ACRES

Price: $300,000

Gross: 2.5 Acres m/l

HWY 30 Frontage: 615 ft.

Zoned: Heavy Industrial with potential of future commercial zoning.

Electric: Midland Power Cooperative. Single and three phase available at the road.

Water: Xenia. 8 inch main, located on N side of US 30.

Township: Colfax

STR: 5-83N-25W

Taxes: $238 approx.

TRACT 2 2.5 ACRES

Price: $300,000

Gross: 2.5 Acres m/l

HWY 30 Frontage: 280 ft.

Zoned: Heavy Industrial with potential of future commercial zoning.

Electric: Midland Power Cooperative. Single and three phase available at the road.

Water: Xenia. 8 inch main, located on N side of US 30.

Township: Colfax

STR: 5-83N-25W

Taxes: $238 approx.

Billboard: Owned by Lamar. Lease agreement stays with seller.

TRACT 3 8 ACRES

Price: $958,000

Gross: 8 Acres m/l

HWY 30 Frontage: 710 ft.

Zoned: Heavy Industrial with potential of future commercial zoning.

Electric: Midland Power Cooperative. Single and three phase available at the road.

Water: Xenia. 8 inch main, located on N side of US 30.

Township: Colfax

STR: 5-83N-25W

Taxes: $751 approx.

Improvements: Steel Building 60 x 140 (8,400 sq. ft.) with a cement floor plus a few other outbuildings.

TRACT 4 12.45 ACRES

Price: $778,000

Gross: 12.45 Acres m/l

HWY 30 Frontage: 1,735 ft.

Zoned: Heavy Industrial with potential of future commercial zoning.

Electric: Midland Power Cooperative. Single and three phase available at the road.

Water: Xenia. 8 inch main, located on N side of US 30.

Township: Colfax

STR: 5-83N-25W

Tillable CSR2 on 9.46 acres: 82.1

Taxes: $1,169 approx.

STR: 5-83N-25W

Tillable CSR2 on 9.46 acres: 82.1

Taxes: $1,169 approx.