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Property profile & analytics
OFF-MARKET
Commercial real estate

110 12th S Oak St Richland, IA 52585-9515

0.01 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US25-2010376
Property summary
AI-generated overview

This thriving beauty shop, located at 110 N Oak Street in Richland, IA, presents a unique turnkey opportunity for entrepreneurs. The 384 square foot space is currently operating as a successful beauty salon with a loyal client base and a proven track record. All equipment, supplies, and retail inventory are included in the sale as of the closing date, along with valuable formula cards for hair services. The current owner operates on a highly efficient three-day appointment schedule supplemented by Walk-In Wednesdays, demonstrating strong customer demand and operational efficiency. The sale price is $42,000. The property sits on a 0.09-acre lot, offering potential for expansion beyond its current use. The versatile space could easily accommodate a variety of businesses, including but not limited to an office, bakery, or coffee shop. This is an exceptional opportunity to acquire a well-established business in a vibrant community, allowing for immediate revenue generation and the potential for significant growth. The business is ready for a new owner to step in and continue its success. Don't miss this chance to own your own business in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.01 ac (595 SF)
APN RLCOP-006250
UPID US25-2010376
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
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Csl Iowa System LLC · 11 yrs held
Csl Iowa System LLC
since 2015
1 recorded transaction
2015
$23,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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