Underwood, IA
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    Underwood, IA Office Spaces for Sale

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    Neola, IA Council Bluffs, IA Pacific Junction, IA
    Underwood Commercial Property For Sale
    $365,000
    2,268 SF
    Underwood Commercial Property For Sale

    131 3RD Street, Underwood, IA 51576

    Commercial property in Underwood, Iowa with multiple buildings and spaces.
    • Prime Main Street location in Underwood, Iowa, offering excellent visibility and exposure.
    • Three separate buildings with potential for up to four individual business spaces.
    • Versatile property suitable for retail, office, or service‑based operations.
    • Located within a well‑established and supportive small‑town business community.
    • New construction: Built in 2022.
    Updated: Mar 28
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    Underwood Commercial Property For Sale
    $365,000
    2,268 SF
    Underwood Commercial Property For Sale

    131 3rd Street, Underwood, IA 51576

    Commercial property with multiple buildings and business space potential.
    • Prime Main Street location in Underwood, Iowa, offering excellent visibility and exposure.
    • Three separate buildings with potential for up to four individual business spaces, providing flexible use.
    • Strong income‑generating opportunities for investors or owner‑occupants.
    • Situated within a well‑established and supportive small‑town business community.
    • Benefits from consistent traffic and community engagement due to surrounding local businesses.
    Updated: May 9
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    Former Bank Building For Sale
    $65,000
    1,200 SF
    Former Bank Building For Sale

    1,200 SF well-maintained building on 0.29 acres.

    321 Highway St, Underwood, IA

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    Downtown Retail/Office Building For Sale
    $605,000
    7,596 SF
    Downtown Retail/Office Building For Sale

    Well-maintained retail/office building in a downtown location.

    533 South Main Street, Council Bluffs, IA 51503

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    Adaptable Office and Community Space
    $1,500,000
    39,148 SF
    Adaptable Office and Community Space

    Versatile office building with potential for various uses.

    2406 Fowler Ave, Omaha, NE

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    Renovated Retail/Office Space For Sale
    $999,000
    Renovated Retail/Office Space For Sale

    Renovated property with retail/office space and lower level storage.

    7419 N 30th St |, Omaha, NE 68112

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    Downtown Brick Retail/Office Building
    $495,000
    7,596 SF
    Downtown Brick Retail/Office Building

    Well-maintained 7,596 SF retail/office building in downtown location.

    533 S Main St, Council Bluffs, IA 51503

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    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.

    Commercial Land Near Highway 59
    $95,000
    1.46 Acres
    Commercial Land Near Highway 59

    Large commercial lot suitable for various development projects.

    605 PIONEER Avenue, Oakland, IA 51560

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    Tower District Flat Lot Available
    $75,000
    Tower District Flat Lot Available

    Flat lot in walkable mixed-use community near Highway 370.

    49 Village Ct, Omaha, NE 68144

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    Blair Commercial Land Opportunity
    $350,000
    2.43 Acres
    Blair Commercial Land Opportunity

    2.43 acres of commercially zoned land in Blair, Nebraska.

    590 S 10th Street, Blair, NE 68008

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    Three Land Lots Totaling 2.46 Acres
    $250,000
    2.46 Acres
    Three Land Lots Totaling 2.46 Acres

    Three land lots totaling 2.46 acres available for sale.

    13638 Q St, Omaha, NE 68137

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    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

    241 3rd St

    OFFICE BUILDING • 0.16 Acres
    Value Estimation by Request
    241 3rd St, Underwood, IA 51576-8017
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    Underwood, IA Office Spaces Investment Opportunities Market Analysis

    Explore 4 office spaces for sale in Underwood, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,736 square feet of properties for sale, with an estimated market value of $795,000.

    Sale prices for office spaces in Underwood, IA start at $65,000, averaging $265,000, and reaching up to $365,000 — 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

    Office Units 2
    Office buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    51576 $365K

    Taxes & Financing

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

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