155 1st St Earlham, IA 50072-7717
This exceptional commercial property located at 155 E 1st Street, Earlham, IA, presents a unique investment opportunity. Boasting a substantial 5,110 square feet of space, this office building sits on a 0.27-acre lot and offers significant potential for a variety of uses. The property includes three individual units, providing flexibility for multiple tenants or a single large occupant. A convenient parking area is included, ensuring ample space for employees and clients. Recent updates have been completed, including a newer roof, reducing immediate maintenance concerns. The building is ready for final touches and customization to suit the needs of its new owner. Its location offers a quick commute to West Des Moines, enhancing its appeal and accessibility. This property represents a rare chance to acquire a well-located, spacious commercial building in a growing community, ready for immediate occupancy or further development. The asking price is $449,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.