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Property profile & analytics
OFF-MARKET
Commercial real estate

1811 1st W St Independence, IA 50644-2325

4,984 SF 1 ac lot Built 1999
Entity Owned Free & Clear
Property ID
US25-2141001
Property summary
AI-generated overview

This exceptional commercial property, located at 1811 W 1st Street in Independence, Iowa, presents a remarkable opportunity for a diverse range of businesses. Boasting nearly 5,000 square feet of versatile space, this building sits on a substantial 1.69-acre lot, providing ample parking for customers and employees. Its strategic location along West 1st Street ensures high visibility and accessibility. The property benefits from a strong surrounding commercial presence, including three motels, and enjoys close proximity to the Independence School campuses and their associated activity fields, creating a vibrant and active neighborhood. The expansive lot offers significant potential for future expansion or outdoor uses, depending on the intended business operations. The building's substantial size and convenient location make it an ideal choice for a variety of commercial ventures, from retail and office spaces to light industrial uses. The asking price of $200,000 represents a compelling investment opportunity in a thriving community. This property is ready for immediate occupancy and offers a blank canvas for your business vision. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 4,984 SF
Lot 1 ac (43,560 SF)
APN 1005252010
UPID US25-2141001
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
ARCHLAND PROPERTY I LLC
ARCHLAND PROPERTY I LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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