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Property profile & analytics
OFF-MARKET
Banks

102 5th St Tipton, IA 52772-1731

6,300 SF 0.2 ac lot Built 1967
Individually Owned Free & Clear
Property ID
US25-0620401
Property summary
AI-generated overview

This exceptional 6,300-square-foot former bank building presents a unique opportunity in the heart of Tipton, Iowa. Located at 102 E 5th St, this property boasts a highly visible location in the downtown area, making it ideal for a variety of commercial uses. Built in 1960, the building sits on a 0.2-acre lot and offers some off-street parking, a valuable asset in a bustling downtown setting. The asking price is $475,000, representing an excellent value for owner-occupants or investors seeking a strong foothold in this thriving community. The spacious interior offers significant potential for adaptation to suit diverse business needs. Its previous use as a bank suggests a robust structure and secure design. The property's prominent location ensures high visibility and accessibility, attracting significant foot traffic and enhancing its commercial appeal. This is a rare chance to acquire a substantial commercial property in a desirable location, offering both immediate usability and long-term investment potential. The property is being offered for sale by owner. Don't miss this chance to secure a prime piece of Tipton real estate. The zip code is 52772.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1967
Total area 6,300 SF
Lot 0.2 ac (8,799 SF)
APN 48011061080110
UPID US25-0620401
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
HAWKEYE BANK CEDAR RAPIDS
HAWKEYE BANK CEDAR RAPIDS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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