106 Towne Ctr Dr Urbana, IA 52345
This exceptional Class A commercial property, located at 106 Towne Centre Dr #3-4 in Benton County, offers a unique opportunity for businesses seeking versatile office space. Built in 2022, this single-story, 4,032 square foot multi-tenant building boasts a variety of configurations suitable for executive offices, traditional offices, coworking spaces, or creative office environments. Currently, two units are leased, leaving 1,224 square feet of vacant space immediately available. One vacant unit comprises 1,224 square feet, offering ample room for expansion or a larger tenant. The building is zoned for commercial use (Comm) and features modern finishes including paint and carpeting in each unit. Each unit is equipped with separate utilities and a private restroom, ensuring convenience and privacy for occupants. The lease structure is a modified gross lease, with tenants responsible for utilities and insurance. This makes it an ideal location for small businesses or satellite offices seeking a professional and well-maintained workspace. The property's convenient location and modern amenities make it an attractive option for a variety of businesses. Don't miss this chance to secure your space in this thriving Benton County commercial hub.
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
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.