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    321 Highway St Underwood, IA 51576

    For Sale
    $65,000

    1,200 SF well-maintained building on 0.29 acres.

    Property size:
    1,200 SF
    Lot size:
    0.29 Acres

    Property Features for 321 Highway St

    General Information

    Size
    1,200 SF
    Lot size
    0.29 Acres

    Source: Cushman & Wakefield Agent Dustin Whitehead, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Bank Building For Sale

    This is a 1,200 square foot former bank building constructed in 1964, situated on 0.29 acres. The property is well-maintained and includes generous parking. The property is located in Underwood, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Bar & Pub Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Underwood
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.6793348
    Latitude
    41.3866375

    FAQs

    What type of property is this?
    Office building - 1,200 SF well-maintained building on 0.29 acres.
    Where is this office building located?
    The property is located at 321 Highway St Underwood, IA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Well-maintained building with generous parking; - 1,200 SF Former Bank Building; - Property sits on 0.29 Acres
    (319) 961-6545
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    321 Highway St Underwood, IA 51576
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    321 Highway St
    Underwood, IA 51576
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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
    321 Highway St Underwood, IA 51576
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