Building Details

Buildings 7

Listing Agency: CBRE - Des Moines m***@cbre.com Show Phone

Listed By: Michael A. Smith · License #IA S43822000

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:37PM

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Investment Insights

Based on property information with market context.

This Iowa portfolio includes three car washes, three laundromats, and a two-story apartment building. The residential component contains apartments on the second floor, while the commercial assets provide multiple automotive service and laundry operations across separate properties.

The properties are located in Stuart, Dexter, Earlham, and Panora. The listed Stuart property is at 612 S Division St, and the apartment building is situated in downtown Panora.

Key Highlights

• Three car washes included in the portfolio
• Three laundromats included across the offering
• Two‑story apartment building with second‑floor apartments

Property Analytics

Property Profile

Current Use

Car washes

Suggested Use

Top Pick Building Supply Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Storage Facility

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

150

Businesses Nearby

Explore this area Business Placement

Demographics for 50250, IA

2,415

Population

1,163

Households

2.1

Avg Household Size

41

Median Age

19%

College-Educated

90%

High-School Grad

108.6 sq mi

ZIP Area

22

Density / Sq Mi

$75,750

Median Household Income

$43,433

Median Earnings

$700

Median Rent

$202,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 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 car washes 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?

Car wash - Multi-property offering combines automotive service facilities with laundromat operations and an apartment building.

Where is this car wash located?

The property is located at 612 S Division St Stuart, IA.

What are key features of this property?

This property features: Three car washes included in the portfolio; Three laundromats included across the offering; Two‑story apartment building with second‑floor apartments