Property profile

1450 Boyson Rd Ste A Hiawatha, IA 52233

OFF-MARKET
Office Spaces
Property ID
US25-0082333
7,200 SF 3.06 ac lot Built 1992
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property located at 1450 Boyson Road, Unit C-1, in Hiawatha, Iowa, presents a unique investment opportunity. Situated on a substantial 3.06-acre lot, this office building offers significant potential for expansion or redevelopment. While the precise square footage is currently unavailable, the expansive land area provides ample room for future construction or outdoor amenities. The property's address is highly visible and easily accessible, making it an ideal location for a variety of businesses. The property is zoned for office use, providing a clear path for immediate occupancy or future development plans. Its location in Hiawatha, Iowa offers access to a growing community and a strong local economy. The property's large lot size is a key differentiator, offering flexibility and potential for significant return on investment. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and specifications are available upon request. The asking price is to be determined.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1992
Total area 7,200 SF
Lot 3.06 ac (133,294 SF)
APN 11-32-2-78-003-0-1000
UPID US25-0082333

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Marriage Or Relationship Counselor
  • Insurance Agency
  • Radio Station Telecommunications Service
  • Financial Advisor

Location

1450 Boyson Rd Ste A Hiawatha, IA 52233-2327
Hiawatha metro Census 205 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$635k

Owner & transaction history

since 2024
1 recorded transaction
2024
$865,000

Zoning & alternative use

Top alternative use upside
Restaurant $815,000 +79.1%
Auto repair, garage $770,000 +68.7%
Neighborhood: shopping center $740,000 +62.4%

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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