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Property profile & analytics
OFF-MARKET Estimated value $60,000
Warehouses

101 7th St Denison, IA 51442-2401

4,000 SF 0.2 ac lot Built 1960
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US25-1623427
Property summary
AI-generated overview

This exceptional commercial property at 101 S 7th Street, Denison, IA, presents a fantastic business opportunity. The 4,000 square foot building is offered at $200,000, and includes a long-established auto repair business, Luna Auto, with all tools and equipment available for an additional $50,000. The building boasts three convenient drive-in doors – two on the side and one in the front – providing ample access for vehicles. A recently installed furnace (within the last year) ensures efficient heating, and existing window air conditioning units offer climate control. The property sits on a 0.2-acre lot and includes ample parking for customers and employees. This turnkey operation is ideal for an established auto repair business looking to expand or a new entrepreneur seeking an immediate entry into the market. The existing business has a proven track record, providing a solid foundation for continued success. The combination of a well-maintained building, established clientele, and included equipment makes this a truly unique and attractive investment opportunity. Serious inquiries are encouraged to explore this exceptional offering further. The asking price for the building alone is $200,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Total area 4,000 SF
Lot 0.2 ac (8,538 SF)
APN 1310428002
UPID US25-1623427
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
Current use
Occupant on record · Public records
  • Luna Auto Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k
Owner & transaction history
Thomas Luna · 3 yrs held
Thomas Luna
since 2023
Last sale
$49,000
1 recorded transaction
2023
$49,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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