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    309 & 322 St Pella, IA 50219

    Sponsored
    For Sale
    $1,250,000

    Versatile Commercial Space, Ample Parking, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 309 & 322 South Street in Pella, Iowa, presents a rare opportunity for expansion or investment. The main building boasts a substantial 38,693 square feet of versatile space, ideal for a variety of uses including office, warehouse, storage, and retail. Two convenient loading docks facilitate efficient operations. The property also features a large concrete parking lot providing ample parking for employees and customers. The expansive lot size ensures convenient access and maneuverability. Adding to its appeal, a secondary parcel of 0.15 acres offers an additional 5,300 square feet of parking, further enhancing the property's functionality. This property is zoned for commercial use, offering significant flexibility for diverse business ventures. Situated in the highly desirable Pella area, this property represents a unique opportunity to acquire a substantial and versatile commercial space with significant parking capacity. The combination of size, location, and zoning makes this a truly exceptional offering. The asking price is $1,250,000.

    Property Features for 309 & 322 St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pella
    County
    Marion
    State
    Iowa
    Longitude
    -92.91044
    Latitude
    41.39745

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Space, Ample Parking, Prime Location
    Where is this commercial real estate located?
    The property is located at 309 & 322 St Pella, IA.
    What is the asking price?
    The asking price for this property is $1,250,000.
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    309 & 322 St Pella, IA 50219
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    Pella, IA 50219
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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
    309 & 322 St Pella, IA 50219
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