Storefront Property with
1110 1st Avenue E, Newton, IA 50208
For Sale
Contact for pricing
The building offers off-street parking and flexible space for a range of commercial purposes.
Property Size3,770 SF
Price / SF$0.00
Days on Market223
Property Features for 1110 1st Avenue E
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Birkenholz Real Estate
(641) 792-4764
Listed By:
Dick Boggess · License IA #832110000
(641) 521-3378
Source:
Prometrorealty
Added: Apr 1
Changed: Nov 9
Last Checked: Nov 8 at 8:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Birkenholz Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,770-square-foot storefront property was built in 1972 and includes off-street parking. The space is described as suitable for multiple purposes and is offered for lease on an NNN basis.
The property is at 1110 1st Avenue E in Newton, Iowa, near the city’s population center, with easy access.
The property is at 1110 1st Avenue E in Newton, Iowa, near the city’s population center, with easy access.
Key Highlights
- 3,770‑square‑foot storefront property
- Built in 1972
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,490
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,800
$969.8K
Cap Rate 7%
$692,714
$692.7K
Cap Rate 9%
$538,778
$538.8K
Market Conditions
NOI Build-Up for 3,770 SF
Gross rent
$74.6K $19.80/SF
− Vacancy
−$5.4K −$1.43/SF
EGI
$69.3K $18.37/SF
− OpEx
−$20.8K −$5.51/SF
NOI
$48.5K $12.86/SF
Area
Jasper County, IA
Vacancy
7.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,800
Cap Rate 7%
$692,714
Cap Rate 9%
$538,778
Alternative Uses
Best Use
Retail
$692.7K
$606.1K – $808.2K
NOI $48,490 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.5K
$812.4K – $1.08M
NOI $64,994 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50208, IA
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Fresh Flowers by Fine Things — 205 1st Ave W, Newton, IA 50208
Frequently Asked Questions
What type of property is this?
Storefront property - The building offers off-street parking and flexible space for a range of commercial purposes.
Where is this storefront property located?
The property is located at 1110 1st Avenue E Newton, IA.
What are key features of this property?
This property features: 3,770‑square‑foot storefront property; Built in 1972; Off‑street parking
