Property profile

102 1st S St Kalona, IA 52247

OFF-MARKET
Warehouses
Property ID
US25-1645196
616 SF 3.41 ac lot Built 2022
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.41-acre commercial property presents a unique investment opportunity in the thriving town of Kalona, Iowa. Located at 102 1st Street, this expansive lot offers significant potential for a variety of commercial ventures. The property's generous size allows for ample development possibilities, catering to businesses requiring substantial space for operations, storage, or expansion. Its strategic location within Kalona ensures high visibility and accessibility, benefiting from existing infrastructure and proximity to local amenities. The asking price of $2,200,000 reflects the significant value and potential return on investment this property offers. Given its size and prime location, this property is ideal for developers seeking a substantial land parcel for a new commercial project or for established businesses looking to expand their operations. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering in the heart of Kalona. The property is zoned for commercial use, and all necessary utilities are readily available. This is a rare opportunity to acquire a significant commercial land holding in a desirable Iowa location. Further details regarding zoning regulations and utility specifications are available upon request.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction FRAME
Total area 616 SF
Lot 3.41 ac (148,539 SF)
APN 03-18-101-031
UPID US25-1645196

Cap rate & NOI

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

Location

102 1st S St Kalona, IA 52247-9589
Kalona metro Census 960101 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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