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E Highway 44 - Rosehill Business Park, Panora, IA

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E Highway 44 - Rosehill Business Park

Panora, IA 50216 - Guthrie County Submarket

Property Type:Land Parcel Size:40 Acres
For Sale Price:$35,000 Price/Acre:$35,000 Price/SF:$0.02

Proposed Use:Industrial

On-Site Improv:-

40 acres of prime land are available in Rosehill Business Park located along Highway 44 in Panora, Iowa. Panora is a progressive community offering incentives including local revolving loan funds, TIF and Enterprise Zone benefits.

The park is fully improved including water/sewer, gas, electric, paved roads and state-of-the-art telecommunications. Lots range from .86-2.42 acres and can be combined

Sale Notes:
Tax Increment Financing: The city council may use the property taxes resulting from the increase in taxable valuation caused by the construction of new industrial or commercial facilities to offset the cost of public improvements and utilities that will serve the new private development, to finance direct grants or loans to a company, or to provide the local match for federal or state economic development assistance programs.
Enterprise Zone: Business locating or expanding in an Enterprise Zone may receive the following tax benefits: Local property tax exemption Funding for training new employees under the Iowa New Jobs Training Program A refund of state sales, service, or use taxes paid during construction. An investment tax credit of up to a maximum of 10% of the new investment in machinery and equipment, land, buildings, and improvements to existing buildings. Research and development tax credit

Iowa Area Development Group
Bruce Hansen
(515) 223-4817

Kay Snyder
(515) 223-4817

Midwest Partnership Corporation
Stacy Euken
(515) 523-1262

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