1631 Isett Ave Muscatine, IL 52761
- Warehouses
- 4,350 SF
- 3.22 lot acres
Current Use by Public Records
- Morgan Trucking Co / Trucking Company
- River City Moving and Delivery / Mover
Property Details for 1631 Isett Ave
- Year built
- 1970
- Lot size
- 3.22 lot acres
- Property size
- 4,350 SF
- Zone code
- M1-LIGHT INDUSTRIAL
- Property type
- Warehouses
- APN
- 826283006
- APU
- 826283006
Description
This exceptional commercial property, located at 1631 Isett Avenue in Muscatine, Iowa, presents a compelling investment opportunity. Boasting a substantial 13,500 square feet of space situated on a highly visible 1.7-acre corner lot, this property benefits from significant traffic flow, maximizing its potential for revenue generation. Currently, the building is almost fully occupied, with only one office space remaining available for lease, indicating strong tenant demand and a stable income stream. The existing tenants provide a solid foundation for future growth and profitability. The ample space offers flexibility for a variety of commercial uses, allowing for expansion or adaptation to meet evolving market needs. The 1.7-acre lot provides significant potential for future development or expansion of existing operations, offering further opportunities to increase income and secure long-term value. This property is an ideal choice for investors seeking a stable, high-traffic location with significant upside potential for increased revenue and secure storage options. The property's prime location and current occupancy make it a highly attractive investment in the thriving Muscatine commercial market. The available office space presents an immediate opportunity to enhance rental income. This is a rare opportunity to acquire a well-established commercial property with significant growth potential. The property is priced at $319,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $520,000
- 6.5%
- $495,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $460,000
- Mixed-Use
- $535,000
- Hospitality
- $475,000
- Educational
- $505,000
- Residential Income
- $555,000
- Energy
- $455,000
- Income-Based Land
- $555,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Muscatine
- County
- Muscatine
- State
- Iowa
- Longitude
- -91.041
- Latitude
- 41.443
- CBSA code
- 34700
- CBSA name
- MUSCATINE, IA MICROPOLITAN STATISTICAL AREA