Building Details

Year Built 2017

Listing Agency: Timm & Associates Inc

Listed By: Greg Timm · License #MN 78241289654

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:57PM

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Investment Insights

Based on property information with market context.

The Cobblestone Inn and Suites at 226 Spruce Dr in Lamoni, Iowa, is a hotel property developed in 2017. The property remains under its original developer ownership and has received recent improvements. It is being offered for sale for the first time since development.

The hotel is located near Graceland University and Interstate 35, providing access to Des Moines, Iowa, and Kansas City. Its hospitality use, established operating history, and recent improvements provide a clear foundation for continued hotel operations.

Key Highlights

• Cobblestone Inn and Suites hotel in Lamoni, Iowa
• Developed in 2017 and still held by the original developer
• First offering for sale since the property was developed

Property Analytics

Property Profile

Current Use

Cobblestone Inn & Suites ... Hotel & Motel

Suggested Use

Top Pick Storage Facility Butcher Building Supply Auto Repair Shop Dental Office Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

Explore this area Business Placement

Demographics for 50140, IA

2,503

Population

1,209

Households

2.1

Avg Household Size

31

Median Age

48%

College-Educated

89%

High-School Grad

92.7 sq mi

ZIP Area

27

Density / Sq Mi

$54,000

Median Household Income

$28,409

Median Earnings

$715

Median Rent

$120,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Hotel property positioned near Graceland University and Interstate 35.

Where is this hotel located?

The property is located at 226 Spruce Dr Lamoni, IA.

What are key features of this property?

This property features: Cobblestone Inn and Suites hotel in Lamoni, Iowa; Developed in 2017 and still held by the original developer; First offering for sale since the property was developed