Property profile

1705 Mcpherson Ave Council Bluffs, IA 51503

OFF-MARKET
Retail space
Property ID
US25-2578733
10,000 SF 1.1 ac lot Built 1968
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 10,000 SF
Lot 1.1 ac (47,916 SF)
Zoning code C-1
APN 7543 32 128 001
UPID US25-2578733

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Construction Company
  • Hair Salon
  • Pet Store & Service
  • Roofing Company General Contractor

Location

1705 Mcpherson Ave Council Bluffs, IA 51503-5175
Council Bluffs metro Census 31700 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2011
7 recorded transactions
2024
Price N/A
2020
Price N/A
2016
Price N/A
2011
Price N/A
2009
Price N/A
2005
$649,500
1969
Price N/A

Zoning & alternative use

C-1 · Council Bluffs, IA
Zoning description

Chapter 15.14 - C-1/COMMERCIAL DISTRICT 15.14.010 Statement Of Intent 15.14.020 Principal Uses 15.14.030 Conditional Uses 15.14.040 Accessory Uses 15.14.050 Site Development Regulations 15.14.060 Additional Regulations 1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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