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 16 at 2:06AM

Report an Issue

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

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

Is this asking price fair?

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

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

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

Similar For Sale Nearby

See more

Mixed-Use Downtown Retail and Apartments

112 N Iowa St., Solon, IA 52333

$1,000,000

2,312 SF

View details

Divisible Storefront Property

121 W Main Street, Unit 103, Solon, IA 52333

$478,000

3,638 SF

View details

Drive-Through Restaurant Business Sale

101 Windflower Ln, Solon, IA 52333

$75,000

1,517 SF

View details

Flexible Conversion Office Property

220/230 West Main St, Solon, IA 52333

$475,000

View details

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