Building Details

Year built 2007

Flooring type Concrete

Building materials Concrete Block, Frame

Roof type Membrane

Listing Agency: Keller Williams Legacy Group · Keller Williams Realty Show Phone

Listed By: Michelle Bennett Show Phone

Added: Oct 12 Last Checked: Oct 13 at 3:06PM

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MLS# 2607123

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.

At 310-330 S Dubuque Street in Solon, this 13,200-square-foot commercial property occupies 0.65 acres across three larger parcels. The site includes multiple buildings, retail space, storage areas, drive-in bays, docks, a scale, and high ceilings. Construction materials include concrete block and frame; the building was constructed in 2007 and has concrete flooring and a membrane roof. The operating business is not included in the sale.

Key Highlights

• 13,200 square feet on 0.65 acres
• Three larger parcels with multiple buildings
• Drive‑in bays, docks, a scale, and multiple storage areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$101,277

Cap Rate

7.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,025,540 $2.0M

Cap Rate 7%

$1,446,814 $1.4M

Cap Rate 9%

$1,125,300 $1.1M

Market Conditions

NOI Build-Up for 13,200 SF

Gross rent

$174.2K $13.20/SF

− Vacancy

−$12.2K −$0.92/SF

EGI

$162.0K $12.28/SF

− OpEx

−$60.8K −$4.60/SF

NOI

$101.3K $7.67/SF

Area

Johnson County, IA

Vacancy

7.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,025,540

Cap Rate 7%

$1,446,814

Cap Rate 9%

$1,125,300

Alternative Uses

Best Use

Retail

$1.79M

$1.56M – $2.08M (±1% cap)

NOI $125,073 @ 7.0% cap · market cap 9.26%

Second Best

Mixed Use

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,277 @ 7.0% cap · market cap 7.50%

Theoretical Best

Office A

$2.87M

$2.51M – $3.35M (±1% cap)

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

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Pharmacy Grocery & Convenience Store Building Supply

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

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - A multi-building commercial property includes retail space alongside service and storage areas.

Where is this mixed-use property located?

The property is located at 310-330 S Dubuque Street 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: 13,200 square feet on 0.65 acres; Three larger parcels with multiple buildings; Drive‑in bays, docks, a scale, and multiple storage areas