Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
- Hospitality
  
  Motel
Rent
Analytics
- Property Report
- Get Leads
- Value est.
- Cap rates
- Debts
- Zoning
- Locations
- Market TrendsSoon
- CRE Guide

Advertise Sign In

For Sale
- Retail
  - Storefront
- Hospitality
  - Motel
For Lease
Property Report
Get Leads
Value est.
Cap rates
Debts
Zoning
Locations
Market TrendsSoon
CRE Guide
Advertise
Find Agents

Underwood, IA

Underwood, IA Commercial Real Estate for Sale

List

Map

Council Bluffs, IA Mcclelland, IA Crescent, IA Honey Creek, IA Oakland, IA Treynor, IA Missouri Valley, IA Carter Lake, IA

Underwood Motel & Extended Stay

Updated: Mar 25

Underwood Motel & Extended Stay

26553 Magnolia Road, Underwood, IA 51576

$1,200,000

12,770 sqft 1.37 AC lot

Prime location adjacent to I‑80 (Exit 17) with high visibility and accessibility.
Only one of two motels/hotels within a 13‑mile radius, minimizing competition.
Recent renovations in 2024 and extensive capital improvements enhance property value and appeal.
34 rooms including 9 extended stay suites with full kitchens, catering to diverse traveler needs.
Proximity to demand generators including I‑80 traffic, casinos, Jack Links plant, and Omaha attractions.

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.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 2 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.

7 Brew Coffee Ground Lease

7 Brew Coffee Ground Lease

2901 W Broadway, Council Bluffs, IA 51501

$1,958,000

510 sqft

Double drive-thru coffee operations are paired with a US Bank ATM ground lease.

Equestrian Property with Stables

Equestrian Property with Stables

21001 Hawk Lane, Council Bluffs, IA 51503

$849,500

3,772 sqft

A residence and two horse buildings provide a combined rural property with equestrian facilities.

Farm with Cropland and Timber

Farm with Cropland and Timber

29893 185th. St., Crescent, IA 51542

$975,000

95.00 AC lot

Open ground, wooded acreage, and grazing areas create a varied agricultural property with a possible homesite or cabin setting.

Tillable Agricultural Land

Tillable Agricultural Land

30900 HWY 6 Street, Mcclelland, IA 51548

$1,050,000

83.78 AC lot

A terraced farm combines productive cropland with Highway 6 frontage and rural water access.

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

Estimated value:

$280,000

0.16 AC lot

24974 Mulberry Ln

BAR, TAVERN

24974 Mulberry Ln, Underwood, IA 51576-3810

Estimated value:

$320,000

2,680 sqft 1.25 AC lot

138 3rd St

RETAIL STORES (PERSONAL SERVICES)

138 3rd St, Underwood, IA 51576-8015

Estimated value:

$80,000

1,344 sqft 0.08 AC lot

231 2nd Ave

MINI-WAREHOUSE, STORAGE

231 2nd Ave, Underwood, IA 51576

Estimated value:

$220,000

3,080 sqft 0.08 AC lot

401 2nd Ave

RETAIL STORES (PERSONAL SERVICES)

401 2nd Ave, Underwood, IA 51576-5401

Estimated value:

$60,000

2,200 sqft 0.14 AC lot

118 3rd St

RESTAURANT

118 3rd St, Underwood, IA 51576-8015

Estimated value:

$165,000

2,484 sqft 0.16 AC lot

24682 Railroad Hwy

RETAIL STORES (PERSONAL SERVICES)

24682 Railroad Hwy, Underwood, IA 51576

Estimated value:

$150,000

12.48 AC lot

231 3rd St

RETAIL STORES (PERSONAL SERVICES)

231 3rd St, Underwood, IA 51576-8017

Estimated value:

$155,000

1,760 sqft 0.16 AC lot

Underwood, IA 51576

COMMERCIAL (GENERAL)

Underwood, IA 51576

Estimated value:

$95,000

0.08 AC lot

111 3rd St

WAREHOUSE, STORAGE

111 3rd St, Underwood, IA 51576

Estimated value:

$175,000

4,224 sqft 0.16 AC lot

321 Hwy St

RETAIL STORES (PERSONAL SERVICES)

321 Hwy St, Underwood, IA 51576-5023

Estimated value:

$55,000

2,542 sqft 0.29 AC lot

Underwood, IA 51576

COMMERCIAL (GENERAL)

Underwood, IA 51576

Estimated value: by Request

0.21 AC lot

130 2nd St

COMMERCIAL (GENERAL)

130 2nd St, Underwood, IA 51576-8036

Estimated value:

$75,000

940 sqft 0.16 AC lot

142 3rd St

COMMERCIAL (GENERAL)

142 3rd St, Underwood, IA 51576-8015

Estimated value:

$240,000

1,420 sqft 0.08 AC lot

216 Hwy St

WAREHOUSE, STORAGE

216 Hwy St, Underwood, IA 51576

Estimated value:

$155,000

2,240 sqft 0.19 AC lot

26874 Magnolia Rd

RETAIL STORES (PERSONAL SERVICES)

26874 Magnolia Rd, Underwood, IA 51576

Estimated value:

$225,000

7,500 sqft 3.00 AC lot

Underwood, IA 51576

COMMERCIAL (GENERAL)

Underwood, IA 51576

Estimated value:

$265,000

0.43 AC lot

26325 Magnolia Rd

RETAIL STORES (PERSONAL SERVICES)

26325 Magnolia Rd, Underwood, IA 51576-3758

Estimated value:

$27,670,000

385,000 sqft 161.03 AC lot

109 3rd St, Unit 3

RETAIL STORES (PERSONAL SERVICES)

109 3rd St, Underwood, IA 51576

Unit 3

Estimated value:

$115,000

960 sqft 0.08 AC lot

26201 Magnolia Rd

COMMERCIAL (GENERAL)

26201 Magnolia Rd, Underwood, IA 51576

Estimated value:

$265,000

1,518 sqft 1.50 AC lot

218 Hwy St

RETAIL STORES (PERSONAL SERVICES)

218 Hwy St, Underwood, IA 51576

Estimated value:

$190,000

2,400 sqft 0.21 AC lot

241 3rd St

OFFICE BUILDING

241 3rd St, Underwood, IA 51576-8017

Estimated value:

$185,000

0.16 AC lot

Underwood, IA Commercial Real Estate Market Trends and Statistics

Explore 64 commercial real estate for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 20,522 square feet of properties for sale, with an estimated market value of $1,750,000.

Sale prices for business properties in Underwood, IA start at $550,000, averaging $875,000, 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.

List

Map

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	$690K

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%

How Realmo verifies these figures

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us

Why this one?

Saved