This exceptional 2.49-acre commercial land parcel, located at the prominent intersection of Bell Street and 3rd Street in Dubuque, Iowa (52001), presents a unique investment opportunity. Zoned PC Planned Commercial, this level to rolling site offers significant potential for redevelopment. The property's APN is 11-30-153-027, within Dubuque County. The City of Dubuque has established minimum lease terms of $233,315 annually, subject to an annual cost-of-living adjustment, with a maximum lease duration of 25 years. Prospective buyers or lessees are responsible for conducting all necessary due diligence, including surveys, testing, inspections, and investigations. The property is sold "as is, where is, with all faults." Public access to the project is a consideration. Interested parties should submit comprehensive proposals outlining their proposed purchase price or first-year rent, intended use for the property, a detailed redevelopment budget, and information about their development team's qualifications and experience. A minimum of two project references are required. All proposals will undergo review by City staff before being presented to the Dubuque City Council. Four copies of all proposals and purchase agreements must be submitted to the City of Dubuque Economic Development Department. This prime location offers unparalleled visibility and access, making it ideal for a variety of commercial ventures.
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
Similar Nearby for Lease
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.