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Property profile & analytics
OFF-MARKET Estimated value $535,000
Office buildings

20 16th St Council Bluffs, IA 51501-2501

3,456 SF 0.26 ac lot Built 1990
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0308723
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 3,456 SF
Lot 0.26 ac (11,326 SF)
Zoning code C-2
APN 7544 26 458 006
UPID US25-0308723
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
  • McGinn Law Firm Law Firm
  • Springer Jr Norman Law Firm
  • Noethe Edward F Attorney Law Firm
  • Goaley Maura Law Firm
  • Pick Benjamin J Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$530k
Comparable Approach Comparable
$544k
Blend (final) Blend
$535k
Owner & transaction history
Joab S Strachan
Joab S Strachan
4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 15.15.070 Signs 15.15.010 Statement Of Intent The C-2 district is intended to provide for major commercial retail shopping and service areas…

Zone name Commercial District
General category COMMERCIAL
Zone area 939.20 ac
Source Council Bluffs : Municipal Code
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