Property profile

1208 Willis Ave Perry, IA 50220

OFF-MARKET
Retail properties & Spaces
9,920 SF Built 1946
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Property summary

AI-generated overview

This exceptional 9,920-square-foot retail property presents a compelling investment opportunity in the heart of Perry, IA. The single-tenant building, constructed in 1946, offers a versatile layout ideal for a variety of commercial uses. The property boasts ample space, with main level ceiling heights ranging from 14 to 16 feet, providing a spacious and impressive interior. The basement offers additional storage or potential expansion space, featuring 8.5-foot ceiling heights. The building's Class C designation reflects its potential for renovation and customization to meet specific tenant needs. Located in Dallas County, this property is easily accessible and benefits from high visibility within the Perry commercial market. The entire 9,920 square feet is currently vacant, presenting a blank canvas for a new tenant or a significant opportunity for redevelopment. The property's APN is 0210314009. This one-story building represents a strong addition to any commercial real estate portfolio seeking a presence in this thriving area. The property's size and location make it an attractive option for businesses seeking a prominent position in the Perry market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1946
Total area 9,920 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1208 Willis Ave Perry, IA 50220
Perry metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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