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Property profile & analytics
FOR SALE
Commercial land

1004 Short St Decorah, IA 52101

0.78 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US25-2131544
Property summary
AI-generated overview

This exceptional commercial land parcel in Decorah, Iowa, presents a unique investment opportunity. Located at 1004 Short St, in Winneshiek County, zip code 52101 (43.2912416, -91.7987593), this C1-zoned Highway Commercial property is ideal for various commercial developments. The site offers flexibility for developers, with options to purchase, lease, or pursue a build-to-suit arrangement. One section, Parcel A, is part of a proposed three-tenant, approximately 5,000 square foot strip center, with one remaining drive-thru space available. A second parcel, Parcel B, can accommodate a building of up to approximately 5,000 square feet. Furthermore, a proposed 1,500 square foot single-tenant building with a drive-thru is also an option. The current owner is open to selling the land if a developer has their own plans. This prime location benefits from proximity to major employers such as Luther College (640 employees), Stanley Fastening (456 employees), and Winneshiek Medical Center, ensuring a strong potential customer base. The property is well-suited for a variety of uses, including sit-down restaurants, quick-service restaurants, general commercial businesses, or office spaces. This is a rare chance to establish a thriving business in a vibrant Iowa community.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.78 ac (33,976 SF)
APN 112130102200
UPID US25-2131544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
BIG TEN RESIDENTIAL LLC
BIG TEN RESIDENTIAL LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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