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    FOR LEASE
    Office Spaces

    1661 Boyson Square Dr 200-A, Hiawatha, IA 52233

    15,470 SF 6.19 ac lot Built 2012
    Entity Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US25-1105807
    1661 Boyson Square Dr,Unit 200-A, Hiawatha, IA 52233 For Lease
    $1,531/Mo 525 SF available
    1661 Boyson Square Dr,Unit 200-A, Hiawatha, IA 52233
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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1661 Boyson Sq Drive Unit 200-A in Hiawatha, Iowa, presents a unique investment opportunity. Situated on a substantial 6.19-acre lot, this office building offers significant potential for expansion or redevelopment. The property's address is conveniently located within Hiawatha, providing easy access to major transportation routes and local amenities. While the precise square footage of the building is currently unavailable, the expansive land area suggests a considerable footprint. The property's current use is designated as office space, making it ideal for a variety of businesses seeking a prominent location with ample room for growth. The asking price for this property is currently being determined. Given the size of the lot and the strategic location in Hiawatha, IA, this property represents a compelling opportunity for businesses seeking a substantial presence in a thriving community. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the full potential of this remarkable commercial property. The absence of a listed square footage does not diminish the significant value and potential offered by this substantial land holding. Serious inquiries only.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 2012
    Total area 15,470 SF
    Lot 6.19 ac (269,636 SF)
    APN 11-32-3-27-017-0-1011
    UPID US25-1105807
    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
    Current use
    Occupant on record · Public records
    • Worth Investments Financial Advisor
    • Heather Sowada Family Counselor Practitioner Service Location
    • Balance Autism Social Service Agency Charitable Organization
    • ChildServe - Cedar Rapids Charitable Organization Social Service Agency
    • Ameriprise Financial Services, Inc. - Harvest Wealth Management Group Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.08M
    Blend (final) Blend
    $1.15M
    Owner & transaction history
    AHMANN PROPERTIES LLC
    AHMANN PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.8M +79.1%
    Auto repair, garage $1.7M +68.7%
    Neighborhood: shopping center $1.6M +62.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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