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Property profile & analytics
OFF-MARKET
Retail space

104 Jefferson St Corydon, IA 50060

8,100 SF 0.22 ac lot Built 1920
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US25-1807074
Property summary
AI-generated overview

This exceptional mixed-use property, located at 104 E Jefferson Street in the heart of Corydon, IA, presents a unique investment opportunity. Spanning over 12,000 square feet across three levels, this building sits on a 0.22-acre lot and offers immense potential for a variety of uses. Previously utilized as a car dealership and auto repair shop, the property boasts a large insulated shop area, additional garage space, and a full basement, providing ample storage and workspace. The building's versatile layout allows for numerous possibilities, from expanding an existing business to creating multiple income streams. Key features include a newer roof, ensuring long-term cost savings. The property is being sold "as is," allowing for immediate customization and development to suit the buyer's specific needs and vision. This is a rare chance to acquire a substantial downtown building at a significantly reduced price, making it an attractive proposition for both seasoned investors and first-time buyers seeking a high-return investment in a thriving community. The building's size and location offer unparalleled potential for growth and profitability. Don't miss this chance to own a piece of Corydon's vibrant downtown. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 8,100 SF
Lot 0.22 ac (9,583 SF)
APN 07190F379002
UPID US25-1807074
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Todd W Rider · 5 yrs held
Todd W Rider
since 2020
2 recorded transactions
2023
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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