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    1805 8Th Ave Newton, IA 50208
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    1805 8Th Ave, Newton, IA 50208

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    • Office Spaces
    • 0.63 lot acres
    For Sale
    $350,000
    View Listing →
    Newton Office Building - Great Investment For Sale
    $350,000

    Newton Office Building - Great Investment

    Prime Newton location, 0.63-acre lot, $350,000.

    Lambs Grove, IA 50208
    View Listing
    Property ID
    US25-2137325
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1805 8Th Ave

    Lot size
    0.63 lot acres
    Property type
    Office Spaces

    Description

    This exceptional investment opportunity presents a freestanding office building situated on a sizable 0.63-acre lot in the thriving city of Newton, Iowa. Located at 1805 S 8th Avenue E, the property offers significant potential for a variety of uses, making it an attractive prospect for both established businesses and savvy investors. The building's size, while not specified in square footage, is substantial enough to accommodate a range of office configurations, potentially allowing for expansion or subdivision to suit individual needs. The generous 0.63-acre lot provides ample space for parking, future development, or simply offers a comfortable buffer zone. The asking price of $350,000 represents a compelling entry point into the Newton commercial real estate market, offering a strong return on investment potential. The property's location within Newton provides easy access to major transportation routes and a vibrant local economy. This is a rare opportunity to acquire a well-positioned office building in a desirable location. Serious inquiries are encouraged to explore the full potential of this promising investment. Further details regarding the building's precise dimensions and internal layout are available upon request. Don't miss this chance to secure a valuable asset in a growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.03027
    Latitude
    41.69249

    Comparable in this City

    • $350,000
      0.63 Acres

      1805 8Th Ave, Newton, IA 50208

      Office Spaces • 0.63 Acres
      1805 8Th Ave, Newton, IA 50208
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    • $265,000
      12,946 SF

      Iowa. Reach out to your preferred agent for additional information and to arrange a showing.""""}"""

      Prime Newton Office Building
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      1,400 SF

      Newton Plaza Retail/Office Space

      Retail or office space available in Newton Plaza.
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    • $3,995,000
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      Versatile Industrial Facility on 22 Acres

      135,864 SF multi-use facility on 22 acres in Newton, IA.
      200 N 8Th Ave E, Newton, IA 50208
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      22,500 SF

      Industrial Office Flex Space

      Well-maintained industrial/office space with expansion potential and highway access.
      1501 N 15Th Ave E, Newton, IA 50208
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    Similar Nearby for Sale

    • $265,000
      12,946 SF

      Iowa. Reach out to your preferred agent for additional information and to arrange a showing.""""}"""

      Prime Newton Office Building
      200 1St Ave, Newton, IA 50208
      View Details
    • $350,000
      0.63 Acres

      1805 8Th Ave, Newton, IA 50208

      Office Spaces • 0.63 Acres
      1805 8Th Ave, Newton, IA 50208
      View Details
    • $855,000
      22,500 SF

      1501 N 15th Ave E, Newton, IA 50208

      Flex space • 22,500 SF
      1501 N 15Th Ave E, Newton, IA 50208
      View Details
    • $3,995,000
      137,000 SF

      Versatile Industrial Facility on 22 Acres

      135,864 SF multi-use facility on 22 acres in Newton, IA.
      200 N 8Th Ave E, Newton, IA 50208
      View Details
    • Contact for pricing
      22,500 SF

      Industrial Office Flex Space

      Well-maintained industrial/office space with expansion potential and highway access.
      1501 N 15Th Ave E, Newton, IA 50208
      View Details
    • Contact for pricing
      1,400 SF

      Newton Plaza Retail/Office Space

      Retail or office space available in Newton Plaza.
      2617-4 1St Ave E, Newton, IA 50208
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Newton, Iowa.
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      Ace Hardware Plaza: Office Suites Available

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      Office Space Available For Rent

      Single tenant office space available for rent, 4,467 SqFt.
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      Commercial Land For Lease

      Approximately 0.30 acres available for lease in Newton, Iowa.
      3021 1St Ave E, Newton, IA 50208
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      56,600 SF

      Industrial Facility with Rail Access

      61,444 SF industrial facility with rail access available for lease.
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      Commercial Land Ready For Development

      Land available for build to suit near Hwy 6.
      1st 1St Ave E, Newton, IA 50208
      View Details
    View Listing
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    Newton, IA 50208
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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