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    931 8Th St Boone, IA 50036

    For Sale
    $990,000

    High-visibility retail space, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 931 8th Street in Boone, IA, presents a unique investment opportunity. Situated in the heart of Boone's central business district (CBD), this visible building boasts excellent accessibility via two convenient entrances. Its prime location ensures high visibility and significant foot traffic, making it ideal for a variety of commercial uses. The building itself is in good condition and offers ample space for retail, office, service, or other commercial ventures. The asking price is $990,000. While the exact square footage is not currently specified, the property's prominent location and versatile nature make it a compelling prospect for businesses seeking a strong presence in the thriving Boone market. The property sits on a lot with no acreage specified. Its strategic position within the CBD guarantees easy access to local amenities, businesses, and a substantial customer base. This is a rare chance to acquire a well-maintained commercial building in a highly desirable location. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 931 8Th St

    General Information

    Property type
    Retail properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    High Bar Auction ... Auction House

    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
    Boone
    County
    Boone
    State
    Iowa
    Longitude
    -93.87762
    Latitude
    42.06458

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, prime location.
    Where is this retail property located?
    The property is located at 931 8Th St Boone, IA.
    What is the asking price?
    The asking price for this property is $990,000.
    (641) 792-4764
    Request Owner's contact information
    931 8Th St Boone, IA 50036
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    Boone, IA 50036
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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
    931 8Th St Boone, IA 50036
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