Corner Mixed-Use
For Sale
$950,000
2155 Southpark Court, Dubuque, IA 52003
Commercial Sale, Dubuque, IA
Property Size6,116 SF
Lot Size1.14 Acres
Price / SF$155.33
Days on Market246
Property Features for 2155 Southpark Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 2
Parking
50
Subdivision
DUBUQUE AREA
Standard status
Active
APN
1501329005
Lot size
1.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
on-site parking
Building Details
Year built
1994
Floors in Building
1
Building materials
Brick
Roof type
Asphalt
Listing Agency:
Ruhl & Ruhl Realtors
(563) 583-4550
Listed By:
Tri State Commercial Group .
(563) 564-9533
Added: Feb 9
Changed: Oct 7
Last Checked: Oct 13 at 4:06PM
MLS# 153915
Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,116-square-foot mixed-use building occupies a 1.14-acre corner site in Dubuque’s South End. Constructed in 1994 with brick exterior walls, the property includes five bathrooms and offers a configuration identified for office, daycare, restaurant, medical, and service-oriented uses. Central air conditioning and forced-air heat serve the building, while an asphalt roof completes the improvements.
Located at 2155 Southpark Court, the property sits near major highways and provides on-site parking for commercial activity. C-3 zoning, public water, and public sewer add to the asset’s practical operating profile. The combination of building size, site area, corner positioning, and adaptable commercial use supports consideration by a range of users and investors.
Located at 2155 Southpark Court, the property sits near major highways and provides on-site parking for commercial activity. C-3 zoning, public water, and public sewer add to the asset’s practical operating profile. The combination of building size, site area, corner positioning, and adaptable commercial use supports consideration by a range of users and investors.
Key Highlights
- 6,116 SF mixed‑use building on a 1.14‑acre site
- C‑3 zoning with office, daycare, restaurant, medical, and service‑based uses identified
- Corner property near major highways in Dubuque’s South End
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,402
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,040
$888.0K
Cap Rate 7%
$634,314
$634.3K
Cap Rate 9%
$493,356
$493.4K
Market Conditions
NOI Build-Up for 6,116 SF
Gross rent
$80.7K $13.20/SF
− Vacancy
−$9.7K −$1.58/SF
EGI
$71.0K $11.62/SF
− OpEx
−$26.6K −$4.36/SF
NOI
$44.4K $7.26/SF
Area
Dubuque County, IA
Vacancy
12.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,040
Cap Rate 7%
$634,314
Cap Rate 9%
$493,356
Alternative Uses
Best Use
Mixed Use
$634.3K
$555.0K – $740.0K
NOI $44,402 @ 7.0% cap · market cap 4.67%
Second Best
Office B
$419.6K
$367.2K – $489.5K
NOI $29,372 @ 7.0% cap · market cap 3.09%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,317 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 52003, IA
14,060
Population
5,855
Households
2.4
Avg Household Size
45
Median Age
44%
College-Educated
97%
High-School Grad
56.4 sq mi
ZIP Area
249
Density / Sq Mi
$96,714
Median Household Income
$53,211
Median Earnings
$953
Median Rent
$261,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-3 zoning, on-site parking, and public utilities support a flexible commercial setup.
Where is this mixed-use property located?
The property is located at 2155 Southpark Court Dubuque, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6,116 SF mixed‑use building on a 1.14‑acre site; C‑3 zoning with office, daycare, restaurant, medical, and service‑based uses identified; Corner property near major highways in Dubuque’s South End
