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Property profile & analytics
OFF-MARKET
Commercial real estate

155 1st St Earlham, IA 50072-7717

0.08 ac lot Built 1900
Individually Owned 3-yr Hold
Property ID
US25-2014642
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Lot 0.08 ac (3,420 SF)
APN 851000103040000
UPID US25-2014642
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nina A Lorimoreasley · 3 yrs held
Nina A Lorimoreasley
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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