13420 111Th St Maxwell, IA 50161
This exceptional commercial property, located at 13420 NE 111th St in Maxwell, Iowa (zip code 50161), presents a unique opportunity for a variety of uses. Priced at $80,000, this single-story, 1,317 square foot flex space offers incredible value at $60.74 per square foot. The building, situated on a spacious 12,500 square foot lot encompassing two parcels (30000503-001-000 and 300-506-000-000), features a 27x39 main structure with an attached 22x12 lean-to. The main building includes a large, L-shaped heated workspace complete with a workbench and a pass-through window to the front room. A locked door provides secure access to the lean-to, offering additional storage capacity. The property is zoned for commercial use, making it suitable for a range of businesses, from storage and hobbyist workshops to small contracting operations. Its convenient location offers easy access to nearby communities, being just 12 minutes from Bondurant and 25 minutes from Ankeny. This property is ready for immediate occupancy and presents a compelling investment opportunity. The flat lot provides ample space for expansion or outdoor activities related to the business. This historic building offers a blend of character and functionality, making it an attractive option for entrepreneurs and investors alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.