Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    880 Locust St Dubuque, IA 52001

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime 2,060 sq ft office/retail space.

    Lot size:
    2,060 SF

    Property Features for 880 Locust St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,060 SF
    Total Rate
    1888.33

    Building Details

    Year Built
    1915
    Stories
    2

    Spaces For Lease

    at 880 Locust St, Dubuque, IA 52001 Contact us
    Unit Available Space 1

    $11 /Mo

    Size
    2,060 SF
    Contact us

    We can help!

    Listing Contact
    Karl Dolter
    Karl Dolter

    Listing Agency: Ruhl & Ruhl Realtors Listing Agent: Karl Dolter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,060-square-foot commercial space, located at 880 Locust Street, Suite 111, in Dubuque, Iowa, presents a unique opportunity for businesses seeking a prominent downtown location. Situated in a two-story building constructed in 1915, this single-tenant space boasts a prime storefront location along one of Dubuque's busiest streets, offering excellent visibility and accessibility. The property is zoned C5, providing flexibility for a variety of permitted uses. Previously utilized as an office, this adaptable space is ideal for both office and retail ventures. The landlord is open to leasehold improvements to suit the tenant's specific needs. The monthly rent is $11 per square foot, plus a $94 monthly CAM fee, totaling $1,982 per month. Utilities are sub-metered, with tenants responsible for their electric consumption. The property's Assessor's Parcel Number (APN) is 1024468002. The cross streets are 9th & Locust, and the zip code is 52001. This space is part of a larger building with additional spaces available for lease. Don't miss this chance to establish your business in a vibrant downtown Dubuque setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dubuque Homebuilders & Associates Association / Organization Kurt Roger J Law Firm Pearce Douglas C Law Firm Carla's Barber-Styling Shop Barber Shop AssuredPartners Insurance Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dubuque
    County
    Dubuque
    State
    Iowa
    Longitude
    -90.6681882
    Latitude
    42.5011195

    Nearby Similar for Lease

    • $650 /Mo

      Professional Office Space Available

      Cost-effective private offices with shared amenities in a convenient location.
      3255 Foothill Ct, Dubuque, IA 52001
      View Details
    • $475 /Mo

      Professional Office Space Available

      Cost-effective private offices with shared amenities in a convenient location.
      3255 Foothill Ct, Dubuque, IA 52001
      View Details
    • New
      $22 SF/Yr

      Turn-Key Restaurant Space Available

      Prime Dubuque location ready for a restaurant concept.
      2515 NW Arterial, Dubuque, IA 52001
      View Details
    • $695 /Mo

      Retail Space in Dubuque, IA

      Retail space available with office areas, bath, and parking.
      678 Central Ave, Dubuque, IA 52001
      View Details
    • $495 /Mo

      Office and Retail Space Available

      Office and retail space for lease in Dubuque, Iowa.
      646 Central Ave, Dubuque, IA 52001
      View Details
    • $400 /Mo

      Dubuque Office Space For Rent

      Functional office space with utilities included and convenient parking.
      419 N Grandview Ave, Dubuque, IA 52001
      View Details
    • $750 /Mo

      Retail Space in Central Dubuque

      Retail space in Dubuque's Central Avenue Art Corridor.
      1540 Central Ave, Dubuque, IA 52001
      View Details
    • $12 SF/Yr

      Dubuque Commercial Space For Rent

      High-visibility commercial space with flexible layout and ample parking.
      700 Cedar Cross Rd, Dubuque, IA 52003
      View Details
    • $12 SF/Yr

      Retail Space on Main Street

      Retail space in Dubuque's fastest growing area.
      730 Main St, Dubuque, IA 52001
      View Details
    • $14 SF/Yr

      Class A Office Building

      Professionally managed office building in Dubuque's Technology Park.
      3600 Digital Dr, Dubuque, IA 52003
      View Details
    • $2,500 /Mo

      Remodeled Commercial Space in Dubuque

      Versatile commercial space suitable for various businesses in central location.
      1555 Central Ave, Dubuque, IA 52001
      View Details
    • $5,500 /Mo

      First Class Dubuque Office Space

      High-visibility office space with ample parking and flexible layout.
      14868 W Ridge Ln, Dubuque, IA 52003
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime 2,060 sq ft office/retail space.
    Where is this individual retail property located?
    The property is located at 880 Locust St Dubuque, IA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 2,060 sq ft commercial space at 880 Locust Street, Suite 111, Dubuque, IA 52001.; Prime downtown location with high visibility on a busy street.; C5 zoning allows for flexible use (office or retail).
    (563) 542-6829 Call to check price and availability
    Request Owner's contact information
    880 Locust St Dubuque, IA 52001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    880 Locust St
    Dubuque, IA 52001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    880 Locust St Dubuque, IA 52001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Karl Dolter
    Karl Dolter
    Real Estate License ID: S61488000
    (563) 542-6829 (563) 690-4205
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!