Mixed-Use Property with Drive-In
New
For Sale
$1,350,000
310-330 S Dubuque St, Solon, IA 52333
Retail space, storage areas, and multiple work bays provide a varied commercial layout.
Property Size13,200 SF
Price / SF$102.27
Days on Market2
Property Features for 310-330 S Dubuque St
General Information
Standard status
Active
Size
13,200 SF
Property subtype
Commercial
Zoning
C
Taxes and HOA fees
Annual Taxes
$18,930
Amenities
multiple storage areas
drive-in bays
scale
high ceilings
ConcreteSlabGrade
.65
0.65
CountyRoad
Building Details
Year Built
2007
Listing Agency:
(319) 393-0900
Listed By:
Karrie Schultz
(319) 540-1281
Source:
Pinnaclerealtyia
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 7:47PM
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 Karrie Schultz
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Investment Insights
Based on property information with market context.
This mixed-use property combines retail space with multiple buildings, work bays, docks, and storage areas. Drive-in bays, a scale, and high ceilings add to the range of physical features across the site. The property was built in 2007 and occupies nearly an acre across three larger parcels, with additional buildings and bays throughout the property.
Located at 310-330 S Dubuque Street in Solon, the site includes facilities where machinery remains in operation. The business itself is not included in the sale.
Located at 310-330 S Dubuque Street in Solon, the site includes facilities where machinery remains in operation. The business itself is not included in the sale.
Key Highlights
- Nearly an acre across three larger parcels
- Retail space, multiple buildings, bays, and docks
- Drive‑in bays, storage areas, a scale, and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,865
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,057,300
$2.1M
Cap Rate 7%
$1,469,500
$1.5M
Cap Rate 9%
$1,142,944
$1.1M
Market Conditions
NOI Build-Up for 13,200 SF
Gross rent
$126.7K $9.60/SF
− Vacancy
−$5.7K −$0.43/SF
EGI
$121.0K $9.17/SF
− OpEx
−$18.2K −$1.38/SF
NOI
$102.9K $7.79/SF
Area
Johnson County, IA
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,057,300
Cap Rate 7%
$1,469,500
Cap Rate 9%
$1,142,944
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.08M
NOI $125,073 @ 7.0% cap · market cap 9.26%
Second Best
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,865 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,724 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 52333, IA
7,312
Population
2,949
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
85.6 sq mi
ZIP Area
85
Density / Sq Mi
$113,917
Median Household Income
$48,555
Median Earnings
$1,202
Median Rent
$347,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, storage areas, and multiple work bays provide a varied commercial layout.
Where is this mixed-use property located?
The property is located at 310-330 S Dubuque St Solon, IA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Nearly an acre across three larger parcels; Retail space, multiple buildings, bays, and docks; Drive‑in bays, storage areas, a scale, and high ceilings
