Current Use by Public Records
- Commercial real estate
Property Details for 51 Floyd St
- Year built
- 1980
- Lot size
- 2.16 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3,700 square foot commercial property, located at 51 Floyd Street in Rudd, Iowa, presents a unique investment opportunity. Previously utilized as an anhydrous filling station for Nexus Cooperative, the property has been significantly updated. All tanks have been removed, leaving a clean slate for a variety of commercial ventures. The building comprises 580 square feet of well-maintained office space, ideal for administrative functions or a small business headquarters. The remaining 3,120 square feet consist of a heated shop area, boasting a durable concrete floor and large overhead doors at each end, providing ample space for equipment storage, workshops, or light manufacturing. The property also features a substantial parking area, a combination of gravel and concrete surfaces, capable of accommodating numerous vehicles. An older truck scale remains on the property, offering potential utility depending on the intended use. Convenient outdoor outlets provide power for trucks during colder months. The expansive 2.16-acre lot offers significant flexibility and potential for future expansion or development. This property is priced competitively at $299,900 and is ready for immediate occupancy. Its versatile layout and ample space make it an attractive option for a diverse range of commercial applications. The location in Rudd, Iowa offers access to local amenities and a strong community base. This is a rare opportunity to acquire a well-situated, adaptable commercial property with significant potential for return on investment.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rudd
- County
- Floyd
- State
- Iowa
- Longitude
- -92.8948
- Latitude
- 43.126
