49095 Us 65 Hwy Lucas, IA 50151
This exceptional retail property, located at 49095 US Highway 65 in Lucas, Iowa, presents a compelling investment opportunity priced at $400,000. The property sits on a generous 2.2-acre lot, providing ample space and visibility for a variety of commercial uses. The building's interior has undergone recent renovations, featuring brand new shelving units and upgraded freezers and cooking equipment, making it ideal for a range of businesses. The flexible layout allows for customization to suit diverse operational needs, whether it's a convenience store, restaurant, diner, or boutique. The high-traffic location on US Highway 65 ensures significant exposure to potential customers, maximizing the property's commercial viability. This turnkey opportunity is ready for immediate occupancy and presents a strong return on investment for the discerning buyer. The property's size and location make it an attractive prospect for entrepreneurs seeking a well-equipped and strategically positioned retail space. All information has been obtained from seller and public records. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.