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    OFF-MARKET
    Commercial real estate

    1705 Dows St, Ely, IA 52227-9570

    4,100 SF 0.29 ac lot Built 1950
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US25-0762487
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1705 Dows Street Unit 2 in Ely, Iowa, presents a unique investment opportunity. Situated on a sizable 0.87-acre lot, the property offers significant potential for a variety of retail ventures. The building's size is currently undetermined, requiring further investigation by prospective buyers. Its strategic location within Ely ensures high visibility and accessibility for customers. The property's ample land provides ample space for expansion, parking, or outdoor displays, enhancing its overall appeal and functionality. The address, 1705 Dows Street Unit 2, is easily identifiable and conveniently situated within the community. This property is offered at a price to be determined, making it an attractive proposition for discerning investors seeking a strong foothold in the vibrant Ely market. Given the size of the lot and the prime location, this property is well-suited for a range of retail businesses seeking to establish a strong presence in the area. Further due diligence is recommended to fully assess the property's potential and to determine the appropriate asking price. Serious inquiries are encouraged to explore this exciting opportunity. The property is zoned for retail use, ensuring a smooth transition for prospective businesses. The absence of a listed square footage necessitates an on-site inspection to accurately determine the building's dimensions.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1950
    Total area 4,100 SF
    Lot 0.29 ac (12,632 SF)
    APN 18-31-1-33-002-0-0000
    UPID US25-0762487
    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
    • ELY SCALE Weigh Station
    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
    Fj Krob & Co · 16 yrs held
    Fj Krob & Co
    since 2009
    3 recorded transactions
    2017
    2009
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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