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Property profile & analytics

1023 16th St Council Bluffs, IA 51501-0132

  • Auto shops
  • 3,392 SF
  • 0.24 lot acres
OFF-MARKET
Value Estimation
$285,000
Location Intelligence
Property ID
US25-0057669
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Drennen Automotive / Auto Repair Shop / Auto Tune Up Service

Property Details for 1023 16th St

Year built
1979
Lot size
0.24 lot acres
Property size
3,392 SF
Zone code
C-2
Property type
Auto shops
APN
7544 26 262 001
APU
754426262001

Description

This well-established auto shop in Council Bluffs, Iowa, is available for $450,000. Located on busy 16th Street, this 3,420 square foot, single-story building boasts four repair bays, a potential paint bay (currently a storage bay), a lobby, office, and bathroom. The property underwent renovations in 2020 and features a 14-foot ceiling height. The 10,454 square foot lot provides ample space, including 12 parking spaces. The building is zoned C-2 and includes three permanently installed lifts, which are part of the sale. Equipment is negotiable. The property is a fee simple ownership with a current lease expiring September 30, 2024, and is currently 100% occupied since June 1, 2022. This turnkey opportunity is ideal for an established or aspiring auto repair business. The property was built in 1979 and offers a significant opportunity for continued success in a high-traffic location. The APN is 754426262001.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $380,000
    6.5%
    $375,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $375,000
    Geo Method
    $350,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $285,000
    Retail
    $375,000
    Mixed-Use
    $310,000
    Hospitality
    $300,000
    Educational
    $315,000
    Residential Income
    $305,000
    Energy
    $375,000
    Income-Based Land
    $390,000
    Food Service
    $325,000

Location Insight

  • Map
  • Local Demand
City
Council Bluffs
County
Pottawattamie
State
Iowa
Longitude
-95.8672
Latitude
41.2714
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,866
$51,600
$198,500
$250,100
-
$51,600
$198,500
$250,100
More about this property
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