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    930 Us Highway 18 Garner, IA 50438

    For Sale
    $695,000

    High-traffic corner lot retail building, 2 acres.

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property presents a remarkable investment opportunity in Garner, Iowa. Strategically located on a high-traffic corner at the intersection of US Highway 18 and US Highway 69, this property boasts outstanding visibility and exceptional access. The main building, constructed in 2005 and totaling 2,220 square feet, offers a versatile layout previously used as a pharmacy. Features include durable brick and steel exterior siding, two private offices, a convenient break room, an ADA-compliant bathroom, a dedicated furnace room, and a spacious open front area ideal for customer interaction. The building is equipped with both in-floor radiant heat and forced air/central air conditioning systems, ensuring year-round comfort. A significant advantage is the presence of a covered drive-through, adding convenience for customers. In 2006, a substantial 36 x 50 metal building was added to the north side of the paved parking lot, featuring three overhead doors and a concrete floor. This secondary structure provides ample space for storage, workshop use, or potential lease income. The expansive 1.85-acre lot provides ample parking and room for expansion. The property's versatility makes it suitable for a wide range of commercial uses, presenting a unique opportunity for entrepreneurs and investors alike. This prime location and adaptable space offer a compelling combination for immediate success.

    Property Features for 930 Us Highway 18

    General Information

    Property type
    Retail properties
    Square Feet
    2,200 SF
    Lot Size
    80,586 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Hancock
    State
    Iowa
    Longitude
    -93.61523
    Latitude
    43.10619

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot retail building, 2 acres.
    Where is this retail property located?
    The property is located at 930 Us Highway 18 Garner, IA.
    What is the asking price?
    The asking price for this property is $695,000.
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    930 Us Highway 18 Garner, IA 50438
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    Garner, IA 50438
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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
    930 Us Highway 18 Garner, IA 50438
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