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    25 15Th St Council Bluffs, IA 51501

    For Sale
    $2,450,000

    Council Bluffs, IA: 296 Units, High Traffic

    Property size:
    12,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 296-unit self-storage facility and multi-tenant office building situated on a 2.28-acre lot in Council Bluffs, Iowa. The property boasts a total of 12,544 square feet of space, encompassing a diverse range of unit sizes. The office building provides space for small businesses, adding to the property's income potential. Built in phases between 1923 and 1990, the buildings feature ceiling heights ranging from 8 to 14 feet. The strategic location in Council Bluffs, just south of West Broadway, benefits from high daily traffic counts of 18,350 vehicles. This prime location serves a substantial population base, with 38,653 residents within a 2-mile radius and 136,780 within a 5-mile radius. The asking price for this well-established and profitable property is $2,450,000. This is a rare chance to acquire a well-positioned, income-generating asset in a thriving market. The property's diverse tenant base and strong location make it an attractive investment for both seasoned and new investors seeking a stable and growing return. The property address is 25 S 15th St, Council Bluffs, IA 51501.

    Property Features for 25 15Th St

    General Information

    Property type
    Self storage facilities
    Square Feet
    12,544 SF
    Lot Size
    99,317 SF

    Building Details

    Units
    296

    HighLights

    • Excellent Council Bluffs location with 18,350 daily traffic counts.
    • Strong demographics: 38,653 residents within 2 miles, 136,780 within 5 miles.
    • Small office building ideal for smaller businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bear Apparel Custom T-Shirt Store Internal Medicine-Council Blfs: ... Internist Internal Medicine-Council Blfs Medical Clinic Bear Arms: Engraving ... Engraver Share My Smile Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.866020064946
    Latitude
    41.260993839965

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    FAQs

    What type of property is this?
    Self storage facility - Council Bluffs, IA: 296 Units, High Traffic
    Where is this self storage facility located?
    The property is located at 25 15Th St Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: Excellent Council Bluffs location with 18,350 daily traffic counts.; Strong demographics: 38,653 residents within 2 miles, 136,780 within 5 miles.; Small office building ideal for smaller businesses.
    Request Owner's contact information
    25 15Th St Council Bluffs, IA 51501
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    Council Bluffs, IA 51501
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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
    25 15Th St Council Bluffs, IA 51501
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