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Property profile & analytics
OFF-MARKET Estimated value $620,000
Strip malls

1700 Park Ave Muscatine, IA 52761-5469

25,925 SF 2.28 ac lot Built 1969
Entity Owned Absentee Owner Free & Clear
Property ID
US25-1680666
Property summary
AI-generated overview

This exceptional 7,330 square foot commercial property, located at 1700 Park Avenue in Muscatine, Iowa (zip code 52761), presents a unique investment opportunity. The property, zoned C-1, is situated in a high-traffic area within the popular Park Plaza strip center, offering excellent visibility and accessibility. Its location on Park Avenue (IA-38) provides easy access to US-61, ensuring high traffic volume. The single-tenant building boasts a strong co-tenancy mix, including established businesses such as Subway, Vision Center, K Nails, and Peking Restaurant. The property features a large parking lot, prominent pylon and building signage, and a convenient loading dock, enhancing its appeal and functionality. The interior offers a flexible open floor plan with a spacious storage/loading area, adaptable to various business needs. This prime location benefits from its proximity to major retailers, including Muscatine Mall, O'Reilly Auto Parts, McDonald's, KFC, and Jersey Mike's, ensuring high foot traffic and brand recognition. The landlord is open to considering subdivision of the space, offering flexibility for potential tenants. This property represents a rare opportunity to establish a business in a thriving commercial corridor. The property consists of one building with one suite and has a total of 7,330 square feet. The APN is 0825178002.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1969
Construction FRAME
Total area 25,925 SF
Lot 2.28 ac (99,316 SF)
Zoning code C1-NEIGHBORHOOD-GENERAL
APN 825178002
UPID US25-1680666
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
  • Subway Take-out & Catering Catering Service
  • Vision Center, PC Physician
  • Chris M. Scholz, OD Physician
  • Toni R. Eller, OD Physician
  • Mark E. Mather, OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k
Owner & transaction history
DEM ENTERPRISES LLC
DEM ENTERPRISES LLC
Zoning & alternative use
C1-NEIGHBORHOOD-GENERAL · Muscatine, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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