Property summary
This exceptional commercial property, located at 103 W Second Street in Hedrick, Iowa, presents a unique investment opportunity. Situated just off Main Street, this building boasts a rich history, having served as a local doctor's office for over six decades. The building's layout is well-suited for a variety of uses, offering significant flexibility for future tenants or owners. The interior comprises a spacious waiting room, a main office area, two well-appointed exam rooms, a convenient… storage room, and a bathroom. The building's solid construction and established presence in the community make it an attractive prospect for entrepreneurs seeking a ready-made space or investors looking for a stable, income-generating asset. The property's location offers excellent visibility and accessibility, ensuring convenient access for clients and customers. While the square footage is not currently specified, the existing layout provides ample space for a range of commercial endeavors. The asking price of $35,000 represents a compelling value for a property with such a strong history and potential for future growth. This is a rare opportunity to acquire a well-established commercial building in a thriving community. The numerous possibilities for this property make it an ideal investment for those seeking a versatile and established commercial space. The property sits on a lot with zero acres.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 880 SF
- Lot area
- 0.02 ac
- Year built
- 1940
- Stories
- 1
- APN
- HDCHP-024100
- Assessed value · 2024
- $32,750
- Annual tax · 2023
- $548
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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