Technical
Financial
Distress signals
Property profile

15 State St Council Bluffs, IA 51503

OFF-MARKET
Bowling alleys
Property ID
US25-2569241
17,444 SF 0.51 ac lot Built 1955
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1955
Total area 17,444 SF
Lot 0.51 ac (22,216 SF)
Zoning code C-3
APN 7543 30 302 006
UPID US25-2569241

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
  • Gym & Fitness Center
  • Crisis Center Medical Clinic
  • Alternative Medicine Practice

Location

15 State St Council Bluffs, IA 51503-4439
Council Bluffs metro Census 31100 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2018
$85,000
2016
Price N/A
2016
$287,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Council Bluffs, IA
Zoning description

The C-3 district is intended to accommodate office, retail and related activities in the traditional commercial center of the city as well as other appropriate commercial sites. (Ord. 5469 § 1 (part), 1999) 15.16.020 Pri…

General category COMMERCIAL

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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