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1264 T Ave Boone, IA 50036 Land - Commercial

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Description

HIGH TRAFFIC LOCATION (OVER 16,000 DAILY IN 2024) WITH GREAT VISIBILITY! 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. 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. Rural water is in the area and Three Phase power is available ? however, there are no public sewer lines nearby. 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

Property Highlights

Property Type: Land - Commercial
Total Acres: 2.50 Acres

General Information

County: Boone
Listed By:
Gannon Real Estate & Consulting 515-233-4144
No Coast MLS
$300,000
Est. $1,919/mo
Active Price Reduced $2,046,000 on April 17th, 2026
LOT SIZE 2.500 acres MLS#6332888
STATUS PROPERTY TYPELand - Commercial

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1264 T Ave, Boone, IA 50036.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,401$1,766$1,824
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $1,919$2,416$2,342

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