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    131 Broadway St Charlotte, IA 52731

    For Sale
    $230,000

    Commercial - Charlotte, IA

    Lot size:
    3.10 Acres
    Days on Market:
    128
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 131 Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residentia
    APN
    62-0026-0000
    Lot size
    3.10 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units

    Building Details

    Number of units
    7
    Flooring type
    Carpet, Tile
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Howes & Jefferies Realtors (563) 242-3265 [email protected]

    Listing agent Dennis Lauver (563) 242-3265 License #B63532000/475.165634

    Listing date Aug 6, 2025

    MLS# QC4264357 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charlotte Land with Income Potential

    This property offers two potential avenues for return on investment. The site includes a mobile home park with 7 rental units, and there is room to expand the park. Annual expenses for water, sewer, trash, and recycling total $6,000, and title tags on the trailers are $350. There is an opportunity to increase revenue through rent increases, as it has been over 2 years since the last adjustment. Current lot rents are: Lot 1 at $300 monthly, Lot 2 at $600 monthly, Lots 3 and 4 at $650-$700 monthly, Lot 6 at $550 monthly, Lots 7 and 8 at $600 and $650 monthly respectively. Lot 5 is currently empty but could generate $250-$300 in monthly rent. One unit closest to Broadway is owner-occupied and not included in the sale; the remaining units are included. Alternatively, the approximately 3.1-acre site could be converted into a residential development to capitalize on the demand for housing in a rural setting like Charlotte. The natural, wooded views from the site are expected to be attractive to potential home builders. The property is zoned residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Wholesale Shop Bar & Pub Discount Store Electrical Service Pawn Shop Italian Restaurant Butcher Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Clinton
    State
    Iowa
    Longitude
    -90.470529
    Latitude
    41.964394

    Nearby Similar for Sale

    • $197,000
      2,520 SF

      Charlotte IA Commercial Property

      Bar & Grill, .48 Acre Lot, High Traffic
      112 1St St, Charlotte, IA 52731
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 3.1 acre site with mobile home park and development potential.
    Where is this mobile home & rv park located?
    The property is located at 131 Broadway St Charlotte, IA.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Dual investment opportunity: existing mobile home park and residential development potential.; - Significant revenue increase potential through rent adjustments.; - Mobile home park with 7 existing rental units included.
    (563) 242-3265
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    131 Broadway St Charlotte, IA 52731
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    Charlotte, IA 52731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Broadway St Charlotte, IA 52731
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