112 1St St Knoxville, IA 50138
- Medical offices
- 3,068 SF
- 0.17 lot acres
Current Use by Public Records
- William Orthodontics / Dentist
- Dr. Brian Ancell / Dentist
- Rinehart Tara / Dentist
- Willham O Lee DDS MS / Orthodontist
Property Details for 112 1St St
- Year built
- 1945
- Lot size
- 0.17 lot acres
- Property size
- 3,068 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 1073900000
- APU
- 1073900000
Description
This exceptional 3,068 square foot commercial office building is ideally situated in the heart of Knoxville, Iowa, just one block from the town square. Its prime location ensures high visibility and significant foot traffic, making it an excellent opportunity for a variety of businesses. The property sits on a 0.17-acre lot and offers ample space adaptable to diverse business needs. Its proximity to major attractions significantly enhances its appeal. Located a short drive from Lake Red Rock, Iowa's largest lake, this property benefits from the year-round influx of tourists and outdoor enthusiasts. Furthermore, its convenient location near the renowned Knoxville Raceway, home to the Knoxville Nationals, guarantees a consistent stream of visitors throughout the year. This strategic positioning provides unparalleled access to a large and diverse customer base, presenting a unique opportunity to establish a thriving business within a vibrant community. The asking price for this exceptional property is $199,000. Don't miss this chance to own a cornerstone property in a thriving Iowa town.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $125,000
- 6.5%
- $130,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $130,000
- Mixed-Use
- $140,000
- Hospitality
- $140,000
- Educational
- $115,000
- Residential Income
- $120,000
- Energy
- $130,000
- Income-Based Land
- $125,000
- Food Service
- $135,000
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Marion
- State
- Iowa
- Longitude
- -93.099
- Latitude
- 41.3183
- CBSA code
- 37800
- CBSA name
- PELLA, IA MICROPOLITAN STATISTICAL AREA