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    1711 Osceola Ave Chariton, IA 50049

    For Sale
    $750,000

    6.24-acre Executive Office Complex - $750K

    Property size:
    53,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 53,000 square foot Class B multi-tenant office building presents a compelling redevelopment opportunity in Chariton, Iowa. Located at 1711 Osceola Ave, this property sits on a substantial 6.24-acre lot, offering significant potential for expansion or repurposing. Currently configured as a multi-tenant executive office space, the existing structure provides a solid foundation for various redevelopment scenarios. The expansive lot size allows for the addition of complementary uses, such as multi-family housing, capitalizing on the growing community's needs. The property's strategic location directly across the street from Chariton's largest employer ensures high visibility and convenient access to a substantial workforce. This investment presents a unique chance to acquire a significant commercial property in a thriving Iowa community, with the flexibility to tailor the development to meet diverse market demands. The asking price is $750,000. Further details are available upon request. The property's zip code is 50049, and it is situated in Lucas County.

    Property Features for 1711 Osceola Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    53,000 SF
    Class
    B
    Lot Size
    271,814 SF

    HighLights

    • $750,000 asking price.
    • 53,000 square foot Class B office building.
    • Multi‑tenant occupancy.
    • Redevelopment opportunity on a 6.24‑acre lot in Chariton, Iowa.
    • Located across the street from the area's largest employer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chariton
    County
    Lucas
    State
    Iowa
    Longitude
    -93.318778
    Latitude
    41.02145

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    FAQs

    What type of property is this?
    Office Property / Space - 6.24-acre Executive Office Complex - $750K
    Where is this office property / space located?
    The property is located at 1711 Osceola Ave Chariton, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 53,000 square foot Class B office building.; Multi-tenant occupancy.
    Request Owner's contact information
    1711 Osceola Ave Chariton, IA 50049
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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
    1711 Osceola Ave Chariton, IA 50049
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