2601 120th St. NW Swisher, IA 52338
COMMERCIAL - Swisher, IA
Property Features for 2601 120th St. NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Comm
- Standard status
- Active
- APN
- 309228002
- Size
- 1,702 SF
- Lot size
- 1.15 Acres
Taxes and HOA fees
- Tax Description
- KIRACOFE'S SUBDIVISION LOT 2
- Tax Annual Amount
- 4346
Building Details
- Year built
- 1971
- Flooring type
- Concrete, Carpet
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Trev Adair License #322502720 (319) 350-9476
Listing office Pinnacle Realty LLC 1110 Dina Ct Suite A, Cedar Rapids, IA (319) 393-0900
Listing date Nov 28, 2025
Copyright © 2026 Cedar Rapids Area 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.
Located at 2601 120th St. NW in Swisher, Iowa, the property is described as being centrally located between Cedar Rapids and Iowa City. That regional positioning may be useful for tenants seeking visibility and access along the corridor connecting those two employment and consumer centers.
For buyers and operators, this configuration can support flexible occupancy strategies, whether you are looking for an owner-user space that combines office and retail or a tenant mix that fits within a single building footprint. The Comm zoning may support a range of commercial applications, though specific permitted uses should be confirmed. If you are evaluating a smaller-scale commercial property with both office and retail identity, this building’s size, site scale, and zoning are key factors to review alongside your intended layout and use requirements.
Key Highlights
- Centrally located between Cedar Rapids & Iowa City
- Office / retail building
- Frame construction
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 | $30.6k | $18.00 |
| − Vacancy | −$4.6k | −$2.70 |
| EGI | $26.0k | $15.30 |
| − OpEx | −$6.5k | −$3.82 |
| NOI | $19.5k | $11.48 |
