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    49095 Us 65 Hwy Lucas, IA 50151

    For Sale
    $400,000

    High-traffic location, renovated interior, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional retail property, located at 49095 US Highway 65 in Lucas, Iowa, presents a compelling investment opportunity priced at $400,000. The property sits on a generous 2.2-acre lot, providing ample space and visibility for a variety of commercial uses. The building's interior has undergone recent renovations, featuring brand new shelving units and upgraded freezers and cooking equipment, making it ideal for a range of businesses. The flexible layout allows for customization to suit diverse operational needs, whether it's a convenience store, restaurant, diner, or boutique. The high-traffic location on US Highway 65 ensures significant exposure to potential customers, maximizing the property's commercial viability. This turnkey opportunity is ready for immediate occupancy and presents a strong return on investment for the discerning buyer. The property's size and location make it an attractive prospect for entrepreneurs seeking a well-equipped and strategically positioned retail space. All information has been obtained from seller and public records. Serious inquiries are encouraged.

    Property Features for 49095 Us 65 Hwy

    General Information

    Property type
    Retail properties
    Lot Size
    95,832 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Lucas
    County
    Lucas
    State
    Iowa
    Longitude
    -93.47144
    Latitude
    41.02986

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, renovated interior, huge potential.
    Where is this retail property located?
    The property is located at 49095 Us 65 Hwy Lucas, IA.
    What is the asking price?
    The asking price for this property is $400,000.
    (515) 223-9492
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    Lucas, IA 50151
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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
    49095 Us 65 Hwy Lucas, IA 50151
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