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    SWC of Water Jones St Dubuque, IA 52001

    For Lease
    $194,118

    2.08-Acre Dubuque Commercial Lot

    Lot size:
    90,605 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.08-acre commercial lot, located in Dubuque, Iowa, presents a significant development opportunity. Situated on Jones Street at the southwest corner of Water Street, this property is zoned PC Planned Commercial, offering flexibility for a variety of commercial uses. The land is generally level to rolling. The City of Dubuque is seeking proposals for either a cash purchase with a minimum bid of $1,617,653 or a long-term lease with a minimum annual rent of $194,118 (subject to annual cost-of-living adjustments, with a maximum lease term of 25 years). Prospective buyers or lessees are responsible for all due diligence, including surveys, testing, and inspections. The property is sold "as is, where is" with all faults. Proposals must include a detailed description of the intended use, a comprehensive redevelopment budget, and information on the development team's qualifications and experience. A minimum of two project references are required. All proposals will be reviewed by City staff and submitted to the Dubuque City Council for consideration. The property's APN is 11-30-302-002 and is located in Dubuque County, Iowa, zip code 52001.

    Property Features for SWC of Water Jones St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,605 SF
    Total Rate
    194118

    Unit(s) available at that property

    Space
    Available space
    Size
    90,605 SF
    Rate per SF
    $194,118
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dubuque
    County
    Dubuque
    State
    Iowa
    Longitude
    -90.6623152
    Latitude
    42.4927269

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    FAQs

    What type of property is this?
    Land - 2.08-Acre Dubuque Commercial Lot
    Where is this land located?
    The property is located at SWC of Water Jones St Dubuque, IA.
    What is the lease rate?
    The lease rate is $194,118.
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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
    SWC of Water Jones St Dubuque, IA 52001
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