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    901 Locust St Glenwood, IA 51534

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored center; spaces from 1,050 to 43,560 sq ft.

    Lot size:
    57,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Westgate Commons in Glenwood, Iowa offers exceptional retail and office space opportunities. This grocery-anchored center enjoys a prime location adjacent to I-80, ensuring high visibility and convenient access for customers. The property boasts a strong regional draw, complemented by a diverse mix of established neighboring businesses including Bomgaars, Dollar General, O'Reilly Auto Parts, and McDonald's. Multiple spaces are available, ranging in size from a compact 1,050 square feet to a substantial 43,560 square feet. Options include a former grocery store space and a former retail space, both ready for immediate occupancy or redevelopment. A pad site is also available for lease or sale, presenting an excellent opportunity for expansion or new development. Ample parking is provided for the convenience of tenants and customers. This property presents a unique opportunity to establish or expand a business in a thriving retail environment with excellent visibility and strong tenant synergy. The diverse space options cater to a wide range of business needs, making Westgate Commons an attractive investment prospect in a strategically advantageous location. Inquire today for more details and leasing information.

    Property Features for 901 Locust St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,212 SF

    Unit(s) available at that property

    Space
    Lot Available
    Size
    43,560 SF
    Space
    900
    Size
    12,602 SF
    Space
    906
    Size
    1,050 SF

    HighLights

    • Grocery‑anchored retail center in Glenwood, IA, near I‑80.
    • Strong regional draw with nearby Bomgaars, Dollar General, O'Reilly, and McDonald's.
    • Pad sites available for lease or sale.
    • Former grocery store space available for lease.
    • Former retail space available for lease.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Plaza Shopping Mall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Mills
    State
    Iowa
    Longitude
    -95.74691199
    Latitude
    41.03826692

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    FAQs

    What type of property is this?
    Office Property / Space - Grocery-anchored center; spaces from 1,050 to 43,560 sq ft.
    Where is this office property / space located?
    The property is located at 901 Locust St Glenwood, IA.
    What are key features of this property?
    This property features: Grocery-anchored retail center in Glenwood, IA, near I-80.; Strong regional draw with nearby Bomgaars, Dollar General, O'Reilly, and McDonald's.; Pad sites available for lease or sale.
    Request Owner's contact information
    901 Locust St Glenwood, IA 51534
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    Glenwood, IA 51534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Locust St Glenwood, IA 51534
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