1820 12th W Ave Newton, IA 50208-4393
This exceptional 5,344 square foot single-tenant property, located at 1820 S 12th Ave W, presents a unique opportunity for a variety of commercial ventures. Currently configured as a restaurant, this versatile space is zoned for Arterial Commercial District use, allowing for flexibility in tenant improvements. The building offers convenient ground-level access to both front and rear entrances, ensuring ease of operation and customer accessibility. Its highly visible location provides excellent exposure to significant traffic volume, making it ideal for businesses seeking high brand recognition. The property boasts exceptional access to major transportation arteries, including I-80 and Highway 14, enhancing its appeal to both employees and customers. The owner is committed to collaborating with prospective tenants to tailor the space to their specific requirements, making this an unparalleled opportunity for businesses seeking a prominent and adaptable location. The building's size and zoning make it suitable for restaurant, office, service, or other commercial uses. This is a rare chance to secure a well-positioned, adaptable commercial space in a high-traffic area. The property is offered as a single-tenant space, providing a unique opportunity for a business to establish a strong presence in a thriving commercial district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.