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    106 Towne Ctr Dr Urbana, IA 52345

    • Retail properties
    • 4,032 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 106 Towne Ctr Dr

    Year built
    2022
    Property size
    4,032 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional Class A retail property, located at 106 Towne Centre Dr #3-4 in Benton County, offers immediate occupancy in a brand-new, 2022-constructed building. The single-story, 4,032 square foot multi-tenant building features four units, with two currently leased. This listing highlights two immediately available contiguous units totaling 1,224 square feet, divisible down to 792 square feet to accommodate various business needs. The units are finished with paint and carpeting, boast separate utilities and restrooms, and are perfect for small businesses or satellite offices. The property is zoned commercial and benefits from a modified gross lease structure, where tenants are responsible for utilities and insurance. The available space presents a unique opportunity to establish a presence in a thriving commercial area. The building's APN is TBD. Don't miss this chance to secure your ideal space in this modern and well-maintained building. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Benton
    State
    Iowa
    Longitude
    -91.8856
    Latitude
    42.2268

    Comparable in this City

    • Value Estimation by Request
      4,032 SF

      106 Towne Ctr Dr

      Office space • 4,032 SF
      106 Towne Ctr Dr, Urbana, IA 52345
      View Details
    • Value Estimation
      $450,000
      1,600 SF

      Urbana, IA 52345

      OFFICE BUILDING • 1,600 SF
      Urbana, IA 52345
      View Details
    • Value Estimation by Request
      2,160 SF

      1002 Main St

      MEDICAL BUILDING • 2,160 SF
      1002 Main St, Urbana, IA 52345-9099
      View Details
    • Value Estimation by Request
      2,835 SF

      102 Capitol Ave

      OFFICE BUILDING • 2,835 SF
      102 Capitol Ave, Urbana, IA 52345-9136
      View Details
    • Value Estimation by Request
      10,951 SF

      2400 Bing Miller Ln

      OFFICE BUILDING • 10,951 SF
      2400 Bing Miller Ln, Urbana, IA 52345-4715
      View Details
    • Value Estimation by Request
      2,195 SF

      314 Wood St

      OFFICE BUILDING • 2,195 SF
      314 Wood St, Urbana, IA 52345-9105
      View Details

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    Similar Nearby for Lease

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      Prime Benton County Office Space

      Modern Office Suites, Multiple Tenancies Available
      106 Towne Ctr Dr, Urbana, IA 52345
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    Urbana, IA 52345
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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