This exceptional commercial property, located at 555 W Southview Road in Fairfax, Iowa, presents a unique investment opportunity. Situated on 6.99 acres along US 151/Amana Road, this high-visibility site boasts over 33,000 square feet of building space, ideally suited for a variety of commercial ventures. The property's strategic location is adjacent to Fairfax's planned development, promising increased foot traffic and visibility as the area expands to include park space, city offices, a library, recreational facilities, and additional commercial opportunities. The existing structures include two substantial greenhouses (14,400 sq ft and 8,410 sq ft), a 4,830 sq ft retail storefront with two private offices, and a 5,520 sq ft storage building equipped with two 9' x 10' overhead doors. Ample parking and outdoor storage are also available. The property further benefits from a pond, energy-efficient LED lighting, gas heat, window/wall air conditioning, a 200-amp electrical service, two wells, and two septic systems. This versatile property offers significant potential for an event venue, retail business, greenhouse operation, landscaping business, or a combination thereof. The asking price is $750,000.
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555 Southview Rd Fairfax, IA 52228
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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.
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555 Southview Rd Fairfax, IA 52228
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555 Southview Rd, Fairfax, IA
Erica Seelman
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