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    Underwood, IA Office Spaces for Sale

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    Council Bluffs, IA Crescent, IA Honey Creek, IA Treynor, IA Omaha, NE Missouri Valley, IA Carter Lake, IA Shelby, IA
    Multi-Building Main Street Retail
    Updated: Mar 28
    Multi-Building Main Street Retail

    131 3RD Street, Underwood, IA 51576

    $330,000
    2,268 sqft
    Commercial property on Main Street in Underwood, Iowa, with three separate buildings for up to four business spaces
    Up to four individual business spaces offer flexibility for multiple uses or income opportunities
    Cooling provided via ductless system
    Roof features include metal and flat roofing
    Year built: 2022
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    This listing looks promising.

    Here's a quick look at some key insights for

    131 3RD Street, UNDERWOOD, IA 51576

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $321K
      Suggested

    • Property Type

      Commercial (General)
      Built 2022
    View Property Analytics
    Former Bank Building For Sale
    Updated: Dec 7, 2021
    Former Bank Building For Sale

    321 Highway St, Underwood, IA

    Contact for pricing
    1,200 sqft 0.29 AC lot
    Well‑maintained building with generous parking
    1,200 SF Former Bank Building
    Property sits on 0.29 Acres
    Built in 1964
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office-Flex Building with Generator
    Office-Flex Building with Generator

    5307 Lindbergh Dr, Omaha, NE 68110

    $1,200,000
    12,320 sqft

    Office-flex building includes an on-site generator and new LED lighting with outdoor storage allowed.

    View details
    Two-Bay Mixed-Use Property
    Two-Bay Mixed-Use Property

    400 N 8th St, Council Bluffs, IA 51503

    Contact for pricing
    1,528 sqft

    Includes a vacant commercial component, full basement, off-street parking, and a fully leased duplex.

    View details
    Omaha Data Center Project
    Omaha Data Center Project

    5307 Lindbergh Dr, Omaha, NE 68110

    Contact for pricing
    12,320 sqft 1.50 AC lot

    12,320 sq ft data center near Omaha airport.

    View details
    Multi-Suite Office Building
    Multi-Suite Office Building

    12 Scott Street, Council Bluffs, IA 51503

    Contact for pricing

    Flexible floor-by-floor configuration includes basement space for storage and additional offices.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    High-Traffic Corner Vacant Land
    High-Traffic Corner Vacant Land

    4115 S 72nd St, Omaha, NE 68104

    Contact for pricing
    0.91 AC lot

    Vacant land with high visibility, ideal for commercial development.

    View details
    Commercial Land with Approved Plans
    Commercial Land with Approved Plans

    590 S 10th Street, Blair, NE 68008

    $350,000
    2.43 AC lot

    Commercial land with multiple zoning designations and city-approved plans for storefront, office, garage, and warehouse improvements.

    View details
    Commercial Land with Flat Build Surface
    Commercial Land with Flat Build Surface

    1940 Kellie Drive, Blair, NE 68008

    $1,862,625
    10.69 AC lot

    10.69-acre parcel with utility service and grading completed, offering a flat build area and natural drainage benefits.

    View details
    Commercial Development Land
    Commercial Development Land

    2168 S 20th Street, Blair, NE 68008

    $718,740
    1.65 AC lot

    1.65-acre commercial development lot with utilities in place within a four-lot Blair development.

    View details

    Off-Market Properties in Underwood, IA

    Consider similar Off-Market properties in Underwood, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    241 3rd St
    OFFICE BUILDING

    241 3rd St, Underwood, IA 51576-8017

    $185,000
    Estimated value
    0.16 AC lot
    View details

    Underwood, IA Office Spaces Market Trends and Statistics

    Explore 3 office spaces for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 3,468 square feet of properties for sale, with an estimated market value of $330,000.

    Sale prices for office spaces in Underwood, IA average $330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 1
    Office Units 1

    Demographics Overview

    Population 1,890
    Population Growth (5Y) -9.1%
    Median Household Income $107,679
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51576 $330K

    Taxes & Financing

    Tax Rate (average for all types) 1.32%
    Property Tax per SF $53.78 per SF
    Tax Rate vs County Average 1.70 pp below county avg
    Average Loan-to-Value 65.0%

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