1010 220th Ave Maquoketa, IA 52060-8511
- Automotive properties
- 4,560 SF
- 4.82 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 1010 220th Ave
- Year built
- 1967
- Lot size
- 4.82 lot acres
- Property size
- 4,560 SF
- Property type
- Automotive properties
- APN
- 600050000
- APU
- 600050000
Description
This Maquoketa, Iowa property offers a unique investment opportunity encompassing three buildings totaling over 13,800 square feet on a 4.82-acre lot. The property includes a former showroom and shop (Building 1, approximately 4,560 sq ft) with an attached 51' x 79' insulated metal shed (built 1967) featuring a 16-foot overhead door. Building 2, a fully cemented metal warehouse (approximately 4,872 sq ft, built 1968), and Building 3, a finished and insulated metal shop (approximately 4,440 sq ft, built 1976) with a 16-foot overhead door, complete the complex. The property, zoned C-Commercial, benefits from city water and sewer connections. Located on County Highway 220th Avenue, it enjoys a daily traffic count of 1,040 vehicles and convenient access to Highway 61 (approximately 1 mile north). The remaining acreage is currently grassy, previously used for outdoor storage. The asking price is $675,000. The APN is 0600050000. This versatile property is suitable for a variety of commercial, flex, warehouse, or manufacturing uses. Ceiling heights reach 16 feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $215,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $240,000
- Mixed-Use
- $275,000
- Hospitality
- $270,000
- Educational
- $245,000
- Residential Income
- $210,000
- Energy
- $210,000
- Income-Based Land
- $220,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Maquoketa
- County
- Clinton
- State
- Iowa
- Longitude
- -90.6666
- Latitude
- 42.0313
- CBSA code
- 17540
- CBSA name
- CLINTON, IA MICROPOLITAN STATISTICAL AREA