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    100 Alexander Dr Tipton, IA 52772
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    100 Alexander Dr, Tipton, IA 52772

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    • Office Spaces
    • 1.00 lot acres
    For Sale
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    Prime Tipton Office Space For Sale
    Contact for pricing

    Prime Tipton Office Space

    One-acre lot, office building in Tipton, IA.

    Buchanan, IA 52772
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 100 Alexander Dr

    Year built
    2015
    Lot size
    1.00 lot acres
    Property type
    Office Spaces

    Description

    This exceptional commercial property presents a unique opportunity for businesses seeking a prominent location in Tipton, Iowa. Situated on a full acre of land, this office building offers ample space and potential for expansion or customization. The property's address is 100 Alexander Drive, Unit 3, Tipton, IA, placing it in a convenient and accessible area within the city. While the exact square footage is currently unavailable, the generous one-acre lot provides significant room for development and future growth. The property is classified as an office building, making it ideal for a variety of professional uses. The asking price is currently being determined, presenting a chance to negotiate a favorable purchase agreement. This property is a blank canvas, ready for a discerning buyer to transform it into a thriving business hub. Its location and size make it an attractive investment for companies looking to establish a strong presence in the Tipton market. Serious inquiries are encouraged to explore this exciting opportunity further. Contact us today to schedule a viewing and discuss the possibilities. The absence of a listed price allows for flexible negotiations and a tailored approach to meet the specific needs of the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Cedar
    State
    Iowa
    Longitude
    -91.1292
    Latitude
    41.7604

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      516 Cedar St

      OFFICE (GENERAL) • 2,800 SF
      516 Cedar St, Tipton, IA 52772-1739
      View Details
    • Value Estimation by Request
      1,430 SF

      501 Cedar St

      OFFICE (GENERAL) • 1,430 SF
      501 Cedar St, Tipton, IA 52772-1738
      View Details
    • Value Estimation
      $535,000
      5,192 SF

      46 Spruce St

      OFFICE (GENERAL) • 5,192 SF
      46 Spruce St, Tipton, IA 52772-1538
      View Details
    • Value Estimation by Request
      1,928 SF

      216 6th St

      OFFICE (GENERAL) • 1,928 SF
      216 6th St, Tipton, IA 52772-1636
      View Details
    • Value Estimation
      $655,000
      6,528 SF

      407 Lynn St

      OFFICE (GENERAL) • 6,528 SF
      407 Lynn St, Tipton, IA 52772-1633
      View Details
    • Value Estimation by Request
      548 SF

      Air Prt Rd

      OFFICE (GENERAL) • 548 SF
      Air Prt Rd, Tipton, IA 52772
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Prime Tipton Office Space

      One-acre lot, office building in Tipton, IA.
      100 Alexander Dr, Tipton, IA 52772
      View Details
    • $899,000
      54,600 SF

      Versatile Commercial Building in Tipton

      54,600 sq ft multi-purpose commercial building for sale.
      42 Spruce St, Tipton, IA 52772
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    • $50,000
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      Residential Lot Near City Park

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    • $250,000
      1.43 Acres

      Commercial Land in Tipton, Iowa

      1.43 acre commercial land for sale in Tipton, Iowa.
      401 W 9Th St, Tipton, IA 52772
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    • $53,000
      0.23 Acres

      Residential Land Near City Park

      Residential land near park, aquatic center, and school.
      1 Lot Parkview Ln, Tipton, IA 52772
      View Details
    • $475,000
      6,300 SF

      Prime Tipton Retail Space

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    Tipton, IA 52772
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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