4405 19Th StCouncil Bluffs, IA 51501

Property Details for 4405 19Th St

Year built

2009

Lot size

1.24 AC

Property size (Sq ft)

5,250 SF

Zone code

I-2

Property type

Retail properties

Property subtype

Retail space

APN

7444 14 127 005

APU

744414127005

Description

This 7,350-square-foot industrial warehouse, built in 2009, is situated on a 1.24-acre lot in Council Bluffs, Iowa, and is zoned I-2. The property features 24-foot side walls, a 14-foot high dock-high door, and ample space for operational needs. Electrical capacity includes two 200-amp electrical boxes and 200-volt service. The interior boasts a mezzanine area, a conference room, and four private offices, along with separate men's and women's restrooms. The property includes 50 paved parking spaces. Currently tenant-occupied with active gross leases, providing immediate income potential. Located minutes from the Interstate 80/29 interchange and downtown Omaha, this property offers excellent accessibility and visibility. The asking price is $995,000. The building's net rentable square footage is 7,350, with additional space ranging from 2,100 to 5,250 square feet. The property's APN is 24-1817.

• CAP approach

  CAP return

  Valuation

  6%

  $1,710,981

  6.5%

  $1,579,367

  7%

  $1,466,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $675,259

  Geo Method

  $675,259

• Alternative Use

  Use

  Valuation

  Residential

  $1,332,255

  Hospitality

  $1,220,339

  Educational

  $1,015,308

  Medical

  $1,050,226

  Retail

  $1,579,367

Location Insight

City

Council Bluffs

County

Pottawattamie

State

Iowa

Latitude

41.2151

Longitude

-95.8717

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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