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    210 Elm St Eldon, IA 52554

    For Sale
    Contact for pricing

    Prime Eldon location, car wash potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 210 Elm Street in Eldon, Iowa, presents a fantastic investment opportunity. Situated on a 0.2-acre lot, the building offers a versatile space previously configured as a car wash. The structure includes a dedicated mechanical room, an enclosed wash bay, and an additional paved outdoor wash area, providing ample space for various commercial uses. A coin-operated change machine, installed in 2020, is included in the sale. While the current owner has utilized the property for storage, maintaining active utilities throughout their ownership, the property's inherent potential for a car wash business or similar venture remains significant. The asking price is $25,000. The square footage is not currently specified. This property is ideal for an entrepreneur seeking a ready-to-adapt space in a convenient Eldon location. The existing infrastructure, including the mechanical room and wash bays, offers a solid foundation for a variety of commercial applications. The paved outdoor area adds further flexibility and potential for expansion. The inclusion of a recently installed change machine further enhances the property's value and potential for immediate revenue generation. This is a rare opportunity to acquire a well-located commercial property at an attractive price point. Serious inquiries are encouraged.

    Property Features for 210 Elm St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Clothing Store Auto Repair Shop Wholesale Shop Department Store Bar & Pub Auto Parts Store HVAC Service Storage Facility Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eldon
    County
    Wapello
    State
    Iowa
    Longitude
    -92.2202
    Latitude
    40.91668

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Eldon location, car wash potential.
    Where is this commercial real estate located?
    The property is located at 210 Elm St Eldon, IA.
    What is the asking price?
    The asking price for this property is $25,000.
    Request Owner's contact information
    210 Elm St Eldon, IA 52554
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    Eldon, IA 52554
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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
    210 Elm St Eldon, IA 52554
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