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    5865 Saratoga Rd Asbury, IA 52002

    For Sale
    $1,900,000

    COMMERCIAL - Asbury, IA

    Property size:
    11,600 SF
    Days on Market:
    171
    Last Refresh:
    Dec 12 at 5:06 am

    Property Features for 5865 Saratoga Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    1020152006
    Parking
    30
    Parking features
    Paved or Surfaced
    Size
    11,600 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Flooring type
    Concrete, Other
    Roof type
    Rubber
    Architectural style
    Other

    Equity Real Estate Group LLC (563) 542-3519

    Listing agent Steve Davis (563) 542-3519 License #IL

    Listing date Jun 25, 2025

    MLS# 149926 Listing URL

    Copyright © 2025 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Asbury, Iowa

    Available for purchase is a commercial property located in Asbury, Iowa, featuring an 11,600 sq ft building with an existing office build-out. The building has been well-maintained and updated, including MEP and finishes such as carpet, walls, and ceiling tiles. The current office configuration includes private offices, small meeting spaces, larger conference rooms, a reception area, restrooms, a breakroom, and open workspaces. The space is designed to be easily rebranded by a new user. The layout also allows for division into multiple units, with some plumbing and metering already in place, as well as multiple egress doors. A garage space with an overhead door is included. An adjacent 2-acre parcel is also available for purchase in conjunction with the existing building. This parcel includes a former drive-up building with an awning, featuring a flat grade and zoning suitable for many potential uses. The structure itself has a restroom and canopy. The site is located one-mile west of the NW Arterial and Asbury Plaza, with proximity to schools, the city park, and the 8500 VPD Asbury Road connector.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Asbury
    County
    Dubuque
    State
    Iowa
    Longitude
    -90.7782
    Latitude
    42.522

    Nearby Similar for Sale

    • $2,340,000
      11,600 SF

      Asbury Commercial Property: Redevelopment Opportunity

      Prime Asbury location, 11,600 sq ft, 2.85 acres
      5865 Saratoga Rd, Asbury, IA 52002
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained 11,600 sq ft building with office build-out.
    Where is this office building located?
    The property is located at 5865 Saratoga Rd Asbury, IA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 11,600 sq ft turn-key commercial building with existing office buildout.; - Potential for multiple units with existing plumbing, metering, and egress doors.; - Well-maintained building with updated MEP and finishes.
    (563) 542-3519
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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
    5865 Saratoga Rd Asbury, IA 52002
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