1426 Central Avenue Fort Dodge, IA 50501
Commercial property on Central Avenue suitable for various businesses.
- Added:
- Nov 13, 2024
- Days on Market:
- 605
- Last Refresh:
- Apr 6 at 3:42 am
Property Features for 1426 Central Avenue
General Information
- Standard status
- Active
- Size
- 6,575 SF
- Lot size
- 0.44 Acres
- Property subtype
- Commercial/Industrial
Listing office Kesterson Realty Inc (515) 570-0672
Listing date Nov 13, 2024
Source Exitrealty
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 Kesterson Realty Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Central Avenue
- Suitable for various professional services, including medical, insurance, food service, and retail
- Currently has 3 tenants
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.6k | $15.00 |
| − Vacancy | −$17.8k | −$2.70 |
| EGI | $80.9k | $12.30 |
| − OpEx | −$20.2k | −$3.08 |
| NOI | $60.7k | $9.23 |
