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    1302 Broadway St Toledo, IA 52342

    For Sale
    $135,000

    Prime Iowa location, high visibility, 1,500-3,000 sq ft

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,500-3,000 square foot former medical clinic in Toledo, Iowa, presents a unique owner-user investment opportunity. Located at a hard corner on S Broadway St, directly across from UnityPoint Medical Center, Center Associates Mental Health Center, and Family Aquatic Center, this single-building property boasts excellent visibility and accessibility. Built in 1990, the building sits on a 0.287-acre lot and features drive-up parking for clients and additional employee parking at a lower level. The interior includes a reception area and multiple private rooms, adaptable for various uses. Several rooms have built-in sinks with convenient basement access to plumbing. The property benefits from its proximity to major transportation corridors, including Hwy 30 and Hwy 63, placing it within 15 minutes of Marshalltown and an hour of Cedar Rapids, Waterloo, and the Des Moines Metro Areas. The asking price is $135,000, with an occupancy date of March 15, 2024. The property features both monument and building signage, offering significant branding opportunities. The property's APN is 14.22.455.017.

    Property Features for 1302 Broadway St

    General Information

    Property type
    Medical offices
    Square Feet
    1,500 SF
    Lot Size
    12,502 SF

    Building Details

    Year Built
    1990
    Buildings
    1

    HighLights

    • High‑visibility corner location with monument and building signage.
    • Ample drive‑up customer parking plus lower‑level employee parking.
    • Versatile floorplan featuring reception and multiple private offices.
    • Convenient sink access in several rooms, facilitated by a walk‑out basement.
    • Excellent access to amenities and major transportation routes.
    • Commutable to Cedar Rapids, Waterloo, Des Moines, and just 15 minutes to Marshalltown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sarah Patin Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Tama
    State
    Iowa
    Longitude
    -92.578745139002
    Latitude
    41.980671520192

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Medical office - Prime Iowa location, high visibility, 1,500-3,000 sq ft
    Where is this medical office located?
    The property is located at 1302 Broadway St Toledo, IA.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: High-visibility corner location with monument and building signage.; Ample drive-up customer parking plus lower-level employee parking.; Versatile floorplan featuring reception and multiple private offices.
    Request Owner's contact information
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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
    1302 Broadway St Toledo, IA 52342
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