135 80th St Ct, Fairfax, IA 52228-9546
- Specialty properties
- 3,055 SF
- 0.31 lot acres
Current Use by Public Records
- Heartland Animal Hospital Fairfax / Veterinary Clinic
Property Details for 135 80th St Ct
- Year built
- 2010
- Lot size
- 0.31 lot acres
- Property type
- Specialty properties
- APN
- 20102-52013-01000
- APU
- 201025201301000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 12, 2025 | — | Metalmark Veterinary Properties LLC | — | Deed · related | $100k · Bankiowa |
| Jun 1, 2022 | $330,000 | Metalmark Veterinary Properties LLC | K & G Investors LLC | Warranty Deed | $281k · Bankiowa |
Description
This exceptional investment opportunity presents a rare sale-leaseback of an established veterinary clinic located at 135 80th Street Unit 1, Fairfax, IA. The property sits on a 0.31-acre lot and is a commercial condominium, offering a secure and low-maintenance investment. The seller will commit to a new 3-5 year lease at a rate of $14.95 per square foot, NNN (Net, Net, Net). This means the tenant is responsible for property taxes, insurance, and common area maintenance, minimizing the owner's ongoing expenses. The HOA fees comprehensively cover building insurance, trash removal, lawn care, and snow removal, further simplifying ownership. The clinic benefits from a central location in Fairfax, a thriving bedroom community conveniently situated near Cedar Rapids, IA. Cedar Rapids boasts a substantial population of approximately 276,000 residents, with a median age of 36, indicating a strong and growing market. This sale-leaseback provides immediate cash flow and long-term stability, making it an attractive proposition for discerning investors seeking a low-risk, high-return investment in a desirable location. The property is priced at $475,000. Further details are available upon request.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Fairfax
- County
- Linn
- State
- Iowa
- Longitude
- -91.7738
- Latitude
- 41.9283
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
