115 1st NW St Hampton, IA 50441-1701
This unique commercial property, located at 115 1st Street NW in Hampton, Iowa, presents a compelling investment opportunity at an asking price of $160,000. The property is classified as "Other," indicating a versatile space suitable for a range of commercial uses. While the square footage is not currently specified, the property sits on a lot with zero acres, suggesting a compact footprint ideal for businesses requiring a smaller, manageable space. Its prime location on 1st Street NW in Hampton offers excellent visibility and accessibility, potentially attracting a high volume of foot traffic and customers. The absence of specified square footage necessitates an on-site inspection to determine the exact dimensions and layout of the interior space. This allows potential buyers to tailor their vision for the property's future use, whether it be retail, office, or another commercial application. Given the attractive price point and desirable location, this property represents a strong potential for return on investment. Interested parties are encouraged to conduct a thorough due diligence process, including a site visit, to fully assess the property's suitability for their specific business needs. The lack of detailed information underscores the need for a personal inspection to uncover the full potential of this Hampton commercial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.