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    1951 Yellow Ave Montpelier, IA 52759

    Sponsored
    For Sale
    $430,000

    8-Acre Retail Space, River Views

    Property size:
    14,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,675 square foot retail property in Montpelier, Iowa, presents a unique investment opportunity. Situated on over 8 acres (8.09 to be exact) of land in Muscatine County, the property boasts a main building of 11,771 square feet and an attached 2,904 square foot gymnasium. A detached 34 x 45 foot storage/pole building with electricity and lighting provides additional space. The single-story building, constructed in 1962, features a mix of central air conditioning, window air conditioning, and electric heat, and benefits from three-phase power. Ample parking is available, with a ratio of 3,445 spaces per 1,000 square feet. The property's R1 zoning offers versatility, with potential uses including warehousing, apartments, or condominiums. Enjoy breathtaking views of the Mississippi River, conveniently located between Muscatine and the Quad Cities. The APN is 1023251002. The asking price is $430,000. Property taxes are to be determined.

    Property Features for 1951 Yellow Ave

    General Information

    Property type
    Retail properties
    Square Feet
    14,675 SF
    Lot Size
    352,400 SF

    Building Details

    Year Built
    1962
    Stories
    1

    HighLights

    • 14,675 SF retail property on 8.09 acres in Montpelier, IA (Muscatine County).
    • Main building: 11,771 SF; attached 2,904 SF gym; detached 34' x 45' storage building.
    • 1962 construction; single‑story; central & window AC; electric heat; three‑phase power.
    • Ample parking; R1 zoning (versatile uses).
    • Mississippi River views; between Muscatine & Quad Cities; APN 1023251002; $430,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Wholesale Shop Auto Parts Store Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Muscatine
    State
    Iowa
    Longitude
    -90.8118469
    Latitude
    41.4607309

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    FAQs

    What type of property is this?
    Retail property - 8-Acre Retail Space, River Views
    Where is this retail property located?
    The property is located at 1951 Yellow Ave Montpelier, IA.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: 14,675 SF retail property on 8.09 acres in Montpelier, IA (Muscatine County).; Main building: 11,771 SF; attached 2,904 SF gym; detached 34' x 45' storage building.; 1962 construction; single-story; central & window AC; electric heat; three-phase power.
    Request Owner's contact information
    1951 Yellow Ave Montpelier, IA 52759
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    Montpelier, IA 52759
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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
    1951 Yellow Ave Montpelier, IA 52759
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