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    407 Victoria St Harlan, IA 51537

    Sponsored
    For Sale
    $199,000

    Two buildings, high potential, great price.

    Property size:
    20,473 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a rare opportunity to acquire two established buildings in the thriving city of Harlan, Iowa. Located at 407 and 411 Victoria Street, this 0.65-acre parcel offers a combined 20,473 square feet of versatile commercial space. The buildings are ideally situated for a variety of business ventures, benefiting from high visibility and convenient access. The asking price of $199,000 represents a significant value for the substantial square footage and prime location within Harlan. This is an excellent investment opportunity for entrepreneurs seeking to establish a strong presence in a growing community or for investors looking to expand their portfolio with a well-positioned, multi-building property. The property's size and layout offer considerable flexibility for adaptation to diverse business needs. The buildings' existing infrastructure provides a solid foundation for immediate occupancy or future renovations, depending on the buyer's specific requirements. Serious inquiries are encouraged to explore the full potential of this unique commercial offering in the heart of Harlan. Don't miss this chance to own a significant piece of Harlan's commercial landscape. The property is ready for its next chapter, and awaits a visionary owner to unlock its full potential.

    Property Features for 407 Victoria St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,473 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1890
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    Harlan
    County
    Shelby
    State
    Iowa
    Longitude
    -95.31621
    Latitude
    41.6547

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, high potential, great price.
    Where is this commercial real estate located?
    The property is located at 407 Victoria St Harlan, IA.
    What is the asking price?
    The asking price for this property is $199,000.
    Request Owner's contact information
    407 Victoria St Harlan, IA 51537
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    Harlan, IA 51537
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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
    407 Victoria St Harlan, IA 51537
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