101 Plz Ln Osage, IA 50461-1835
This exceptional 53,760 square foot commercial property in Osage, Iowa, presents a unique investment opportunity. Strategically located on the highly visible corner of US Hwy. 218 and IA Hwy. 9, and Osage's Main Street, this site boasts the highest traffic count in the city. Its prime location at the east entrance to Osage, on the desirable north side of the highway with southern exposure, ensures maximum visibility and accessibility. The property features dual entrances for convenient access and is further enhanced by a public street providing access to the rear. The versatile 4.5-acre parcel offers multiple development possibilities, including commercial, office, warehousing, light manufacturing, or a complete redevelopment. The existing structure includes a dock door, drive-in service doors, ample additional parking, and a separate warehouse area, providing immediate functionality. All public utilities are readily available, making this property ready for immediate occupancy, renovation, or new construction. This is an unparalleled opportunity to acquire a high-traffic, multi-use commercial property in a thriving Iowa community. The asking price is $995,000.
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Dungey's Furniture & Gifts Inc Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.