Excellent location for retail, commercial, housing, or a combination. +/- 425 feet of frontage. +/-5.35 acres (+/- 233,000 SF) total land. Near the center of Newton's population. Asking price is $3.20/SF ($750,000.00) for the whole property. Frontage is potentially available at $6.50/SF subject to approval by Seller Seller will consider subdivision within reason. NW corner of the property (20,870 SF) is subject to a deed restriction. A portion is in flood plain with fill plans being developed at this time. Iowa DNR will be providing an analysis of the flood plain and to will provide an a outline of the flood area. Iowa DNR will review general development plans and provide direction on fill program. A small lot (2,600 SF) is yet to be acquired - and is not included in the acres or SF listed.
Newton is located in Iowa. Newton, Iowa has a population of 15,688. Newton is less family-centric than the surrounding county with 25.64% of the households containing married families with children. The county average for households married with children is 29.28%.
The median household income in Newton, Iowa is $51,026. The median household income for the surrounding county is $63,182 compared to the national median of $69,021. The median age of people living in Newton is 40.6 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 10.4 degrees. The average rainfall is approximately 35.9 inches per year, with 27.9 inches of snow per year.
