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Property profile & analytics
OFF-MARKET Estimated value $1,750,000
Retail space

20 Arena Way Council Bluffs, IA 51501-7064

35,893 SF 1.01 ac lot Built 2003
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0210208
Property summary
AI-generated overview

This exceptional Council Bluffs retail property, located at 20 Arena Way (cross street: Bass Pro Dr), offers a prime opportunity for businesses seeking high-visibility space. The single-story, Class B shopping center totals 35,893 square feet and sits on a 2.03-acre lot. Built in 2003, the property boasts ample on-site parking, ensuring convenient access for both tenants and customers. Its strategic location directly adjacent to the Mid-America Event Center entertainment district guarantees high foot traffic and excellent exposure. Flexible space options are available, ranging from 2,500 to 17,500 square feet, catering to a variety of business needs. The property's multiple tenancy structure provides a diverse and vibrant atmosphere. This well-maintained facility in Pottawattamie County, Iowa (zip code 51501), presents a compelling investment opportunity in a thriving commercial area. The property's convenient location and ample parking make it an ideal choice for businesses seeking a strong presence in Council Bluffs. The building's single-story design and easy access contribute to its overall appeal and functionality. This is a rare chance to secure a well-positioned retail space in a dynamic and growing market. The property's proximity to the Mid-America Event Center ensures consistent exposure to a large and diverse customer base.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 35,893 SF
Lot 1.01 ac (43,996 SF)
Zoning code P-C
APN 7444 03 327 006
UPID US25-0210208
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • US Air Force Recruiting Military Recruiting Office
  • U.S. Marine Corps Recruiting Iowa Military Recruiting Office
  • United States Government Military Recruiting Office
  • BAT logistics Logistics Company Freight Service
  • Social Security Administration Social Security Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.75M
Owner & transaction history
Cave Industries LLC · 4 yrs held
Cave Industries LLC
since 2021
Last sale
$2.0M
3 recorded transactions
2021
$2.0M
2014
$1.9M
2011
$2.0M
Zoning & alternative use
P-C · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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