Property profile

101 Market St Oskaloosa, IA 52577

OFF-MARKET
Retail space
Property ID
US25-1418493
18,000 SF 0.14 ac lot Built 1910
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 18,000-square-foot mixed-use building in Oskaloosa, Iowa, presents a compelling value-add investment opportunity. Priced at $450,000 ($25/sq ft), this 1910-constructed property boasts a prime downtown location at 101 S Market St, 52577, within the DC - Downtown Commercial zoning district. Currently operating at 100% occupancy with a diverse tenant mix including retail and residential units (Brown Shoes Fit occupies the ground floor, with apartments above), this property offers immediate cash flow. The building's strategic location ensures high visibility and foot traffic, maximizing rental income potential. The flexible layout allows for various usage options, catering to diverse investor preferences. Significant upside potential exists through submarket rent increases and modernization. This property, even featuring a loft showcased on HGTV, is ideal for investors seeking to capitalize on the strong potential for value appreciation in a thriving downtown area. The NNN lease structure minimizes landlord responsibilities. This multi-tenant building offers a blend of commercial and residential income streams, enhancing overall investment stability and return. The property's proximity to local amenities, businesses, and transportation hubs further enhances its appeal.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 18,000 SF
Lot 0.14 ac (6,000 SF)
APN 1013481008
UPID US25-1418493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Market St Oskaloosa, IA 52577-3131
Oskaloosa metro Census 950700 OSKALOOSA, IA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2024
1 recorded transaction
2024
$325,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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