Technical
Financial
Distress signals
Property profile

142 N 9Th St Fort Dodge, IA 50501

FOR SALE
Office buildings
Property ID
US25-0558083
3,404 SF 0.23 ac lot Built 1964
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,404 square foot retail property, located at 142 North 9th Street in Fort Dodge, Iowa, presents a fantastic investment opportunity. Situated on a 0.23-acre lot, this commercially zoned space boasts recently completed renovations, including a refreshed exterior and interior, brand new windows, and updated floor coverings. The property's 3,404 square feet of net rentable area offers ample space for a variety of professional service or business service uses. Its prime location in downtown Fort Dodge ensures high visibility and accessibility for customers. The property is currently available for sale at an asking price of $195,000. Alternatively, the property can be leased for $2,000 per month, providing a strong potential rental income stream. This versatile property is ideal for entrepreneurs seeking a move-in ready space with significant curb appeal and a strong location. The updated features minimize upfront capital expenditures, allowing for immediate occupancy and the commencement of business operations. Don't miss this chance to acquire a well-maintained, high-traffic retail space in a thriving Iowa community. The property is located in Webster County, Iowa, zip code 50501.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1964
Construction STEEL FRAME
Total area 3,404 SF
Lot 0.23 ac (10,193 SF)
APN 720305008
UPID US25-0558083

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Medical Clinic
  • Financial Advisor

Location

142 N 9Th St Fort Dodge, IA 50501
Fort Dodge metro Census 700 FORT DODGE, IA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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