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Property profile & analytics
OFF-MARKET
Office Spaces

102 Illinois St Lenox, IA 50851

3,500 SF
Property ID
Property summary
AI-generated overview

This exceptional office building, located at 102 W Illinois Street in Lenox, Iowa, presents a fantastic investment opportunity. The property boasts a substantial 3,500 square feet of usable space, ideal for a variety of businesses. Situated in Lenox, Iowa, zip code 50851, this property offers convenient access to local amenities and transportation routes. The building's address is clearly visible from the street, ensuring high visibility for any tenant. The asking price for this well-maintained office space is $225,000. This represents a compelling value for a property of this size and location in the thriving Iowa market. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and financial statements are available upon request. This is a rare chance to acquire a substantial office building in a desirable location at an attractive price point. Don't miss out on this chance to secure a valuable asset in the heart of Lenox, Iowa. The property is situated in county 19173. The geographic coordinates are latitude 40.8807724 and longitude -94.5587531.

Property profile
Verified
Property type Office Spaces
Total area 3,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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