102 Illinois St Lenox, IA 50851
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.
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
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.