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    Underwood, IA

    Underwood, IA Commercial Real Estate for Sale

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    Council Bluffs, IA Treynor, IA Omaha, NE Missouri Valley, IA Shelby, IA Carter Lake, IA Oakland, IA Carson, IA
    6 properties
    Underwood Motel Near I-80
    Updated: Mar 25
    Underwood Motel Near I-80

    24936 Mulberry Lane, Underwood, IA 51576

    $550,000
    7,752 sqft 1.26 AC lot
    Adjacent to Exit 17 off I‑80, providing convenient access for travelers.
    Only one of two motels/hotels within a 13‑mile radius, reducing competition.
    Includes a two‑story manager's apartment and leasing office.
    All 21 rooms are equipped with refrigerators, microwaves, complimentary Wi‑Fi, and cable TV.
    Located near demand generators such as I‑80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, and Henry Doorly Zoo.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24936 Mulberry Lane, Underwood, IA, 51576

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $671K
      Above asking

    • Property Type

      Hotel/Motel
      Built 1973
    View Property Analytics
    Multi-Building Main Street Retail
    Updated: Mar 28
    Multi-Building Main Street Retail

    131 3RD Street, Underwood, IA 51576

    $330,000
    2,268 sqft
    Commercial property on Main Street in Underwood, Iowa, with three separate buildings for up to four business spaces
    Up to four individual business spaces offer flexibility for multiple uses or income opportunities
    Cooling provided via ductless system
    Roof features include metal and flat roofing
    Year built: 2022
    View details
    Underwood Motel & Extended Stay
    Underwood Motel & Extended Stay

    26553 Magnolia Road, Underwood, IA 51576

    $1,200,000
    12,770 sqft 1.37 AC lot

    34-unit motel off I-80 in Underwood, Iowa.

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    Underwood Commercial Property For Sale
    Underwood Commercial Property For Sale

    131 3rd Street, Underwood, IA 51576

    Contact for pricing
    2,268 sqft

    Commercial property with multiple buildings and business space potential.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former Bank Building For Sale
    Former Bank Building For Sale

    321 Highway St, Underwood, IA

    Contact for pricing
    1,200 sqft 0.29 AC lot

    1,200 SF well-maintained building on 0.29 acres.

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    Underwood Land I-80 Access
    Underwood Land I-80 Access

    105.56 AC Magnolia Rd, Underwood, IA 51576

    Contact for pricing

    Large commercial/industrial land tract with I-80 access.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 6 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brand New Warehouse with 32-Foot Ceilings
    Brand New Warehouse with 32-Foot Ceilings

    5906 Abbott Dr, Omaha, NE 68110

    Contact for pricing
    150,000 sqft

    Brand new Class A warehouse featuring 32-foot ceilings, 30 dock-high doors, and 148 surface parking stalls.

    View details
    Industrial Land Parcel
    Industrial Land Parcel

    1314 East Fort Street, Omaha, NE 68110

    Contact for pricing
    5.90 AC lot

    Industrial land parcel offered for sale with an approximate lot size of ±5.9 acres.

    View details
    Industrial Warehouse For Sale
    Industrial Warehouse For Sale

    2917 W Broadway, Council Bluffs, IA 51501

    Contact for pricing
    23,612 sqft

    Industrial warehouse totaling 23,612 SF, available for sale.

    View details
    Historic Senior Living Community
    Historic Senior Living Community

    25 Linden Ave S, Council Bluffs, IA 51503

    Contact for pricing
    63,097 sqft

    36-unit independent senior living community in Council Bluffs, Iowa.

    View details

    Off-Market Properties in Underwood, IA

    Consider similar Off-Market properties in Underwood, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    131 3rd St
    COMMERCIAL (GENERAL)

    131 3rd St, Underwood, IA 51576-8014

    Value Estimation by Request
    0.16 AC lot
    View details
    24974 Mulberry Ln
    BAR, TAVERN

    24974 Mulberry Ln, Underwood, IA 51576-3810

    Value Estimation by Request
    2,680 sqft 1.25 AC lot
    View details
    138 3rd St
    RETAIL STORES (PERSONAL SERVICES)

    138 3rd St, Underwood, IA 51576-8015

    Value Estimation by Request
    1,344 sqft 0.08 AC lot
    View details
    231 2nd Ave
    MINI-WAREHOUSE, STORAGE

    231 2nd Ave, Underwood, IA 51576

    Value Estimation by Request
    3,080 sqft 0.08 AC lot
    View details
    401 2nd Ave
    RETAIL STORES (PERSONAL SERVICES)

    401 2nd Ave, Underwood, IA 51576-5401

    Value Estimation by Request
    2,200 sqft 0.14 AC lot
    View details
    118 3rd St
    RESTAURANT

    118 3rd St, Underwood, IA 51576-8015

    Value Estimation by Request
    2,484 sqft 0.16 AC lot
    View details
    24682 Railroad Hwy
    RETAIL STORES (PERSONAL SERVICES)

    24682 Railroad Hwy, Underwood, IA 51576

    Value Estimation by Request
    12.48 AC lot
    View details
    231 3rd St
    RETAIL STORES (PERSONAL SERVICES)

    231 3rd St, Underwood, IA 51576-8017

    Value Estimation by Request
    1,760 sqft 0.16 AC lot
    View details
    Underwood, IA 51576
    COMMERCIAL (GENERAL)

    Underwood, IA 51576

    Value Estimation by Request
    0.08 AC lot
    View details
    111 3rd St
    WAREHOUSE, STORAGE

    111 3rd St, Underwood, IA 51576

    Value Estimation by Request
    4,224 sqft 0.16 AC lot
    View details
    321 Hwy St
    RETAIL STORES (PERSONAL SERVICES)

    321 Hwy St, Underwood, IA 51576-5023

    Value Estimation by Request
    2,542 sqft 0.29 AC lot
    View details
    Underwood, IA 51576
    COMMERCIAL (GENERAL)

    Underwood, IA 51576

    Value Estimation by Request
    0.21 AC lot
    View details
    130 2nd St
    COMMERCIAL (GENERAL)

    130 2nd St, Underwood, IA 51576-8036

    Value Estimation by Request
    940 sqft 0.16 AC lot
    View details
    142 3rd St
    COMMERCIAL (GENERAL)

    142 3rd St, Underwood, IA 51576-8015

    Value Estimation by Request
    1,420 sqft 0.08 AC lot
    View details
    216 Hwy St
    WAREHOUSE, STORAGE

    216 Hwy St, Underwood, IA 51576

    Value Estimation by Request
    2,240 sqft 0.19 AC lot
    View details
    26874 Magnolia Rd
    RETAIL STORES (PERSONAL SERVICES)

    26874 Magnolia Rd, Underwood, IA 51576

    Value Estimation by Request
    7,500 sqft 3.00 AC lot
    View details
    Underwood, IA 51576
    COMMERCIAL (GENERAL)

    Underwood, IA 51576

    Value Estimation by Request
    0.43 AC lot
    View details
    26325 Magnolia Rd
    RETAIL STORES (PERSONAL SERVICES)

    26325 Magnolia Rd, Underwood, IA 51576-3758

    $27,670,000
    Estimated value
    385,000 sqft 161.03 AC lot
    View details

    Underwood, IA Commercial Real Estate Market Trends and Statistics

    Explore 68 commercial real estate for sale in Underwood, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 26,258 square feet of properties for sale, with an estimated market value of $2,080,000.

    Sale prices for business properties in Underwood, IA start at $330,000, averaging $693,333, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,890
    Population Growth (5Y) -9.1%
    Median Household Income $107,679
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51576 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.32%
    Property Tax per SF $53.78 per SF
    Tax Rate vs County Average 1.70 pp below county avg
    Average Loan-to-Value 65.0%

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