2075 John F Kennedy RdDubuque, IA 52002

  • Retail properties
  • 2,492 SF
For Lease

Property Details for 2075 John F Kennedy Rd

Year built
1973
Construction
FRAME
Lot size
0.76 AC
Property size (Sq ft)
2,492 SF
Zone code
CI
Property type
Retail properties
Property subtype
Turn key restaurants
APN
10-21-426-005
APU
1021426005

Description

This exceptional 2,492 sq ft commercial property, situated on a 0.76-acre lot (33,125 sq ft), presents a compelling investment opportunity in Dubuque County. Located at 2075 John F Kennedy Road, this single-tenant building boasts a prime location within a thriving retail hub, surrounded by established businesses such as Dollar General, Kwikstar, Fareway Grocery, Target, McDonald's, Taco Bell, and Panera Bread. The property features a convenient drive-thru, prominent pylon signage, a fully equipped commercial kitchen, a dedicated dining area, and ample parking for 50 vehicles. With approximately 22,000 vehicles passing daily, this location offers unparalleled visibility and access to a substantial customer base. The property benefits from a strong demographic profile, serving a 3-mile radius population of 56,000 residents with an average household income of $77,000. Currently vacant, the existing structure is adaptable for restaurant or office use, or the site presents a fantastic redevelopment opportunity for a new or expanding business. The property's versatility, high visibility, and strategic location make it an ideal investment for discerning buyers seeking significant return.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $661,441
    6.5%
    $610,561
    7%
    $566,950
  • Comparable approach

    Method
    Valuation
    Relative Method
    $637,549
    Geo Method
    $817,949
  • Alternative Use

    Use
    Valuation
    Residential
    $515,031
    Hospitality
    $471,766
    Educational
    $392,504
    Medical
    $406,003
    Retail
    $610,561
2075 John F Kennedy Rd, Dubuque, Iowa
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Location Insight

City
Dubuque
County
Dubuque
State
Iowa
Latitude
42.5076
Longitude
-90.7211
CBSA code
20220
CBSA name
DUBUQUE, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,840
$397,500
$75,100
$472,600
-
$397,500
$75,100
$472,600

FAQs

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