20 Arena Way Council Bluffs, IA 51501
- Retail space
- 35,893 SF
- 1.01 lot acres
Current Use by Public Records
- US Air Force Recruiting / Military Recruiting Office
- U.S. Marine Corps Recruiting Iowa / Military Recruiting Office
- United States Government / Military Recruiting Office
- BAT logistics / Logistics Service
- Social Security Administration / Social Security Office
Property Details for 20 Arena Way
- Year built
- 2003
- Lot size
- 1.01 lot acres
- Property size
- 35,893 SF
- Zone code
- P-C
- Property type
- Retail space
- APN
- 7444 03 327 006
- APU
- 744403327006
Description
This exceptional Council Bluffs retail property, located at 20 Arena Way (cross street: Bass Pro Dr), offers a prime opportunity for businesses seeking high-visibility space. The single-story, Class B shopping center totals 35,893 square feet and sits on a 2.03-acre lot. Built in 2003, the property boasts ample on-site parking, ensuring convenient access for both tenants and customers. Its strategic location directly adjacent to the Mid-America Event Center entertainment district guarantees high foot traffic and excellent exposure. Flexible space options are available, ranging from 2,500 to 17,500 square feet, catering to a variety of business needs. The property's multiple tenancy structure provides a diverse and vibrant atmosphere. This well-maintained facility in Pottawattamie County, Iowa (zip code 51501), presents a compelling investment opportunity in a thriving commercial area. The property's convenient location and ample parking make it an ideal choice for businesses seeking a strong presence in Council Bluffs. The building's single-story design and easy access contribute to its overall appeal and functionality. This is a rare chance to secure a well-positioned retail space in a dynamic and growing market. The property's proximity to the Mid-America Event Center ensures consistent exposure to a large and diverse customer base.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,150,000
- 6.5%
- $2,050,000
- 7%
- $1,950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,955,000
- Geo Method
- $1,820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,295,000
- Retail
- $2,440,000
- Mixed-Use
- $2,300,000
- Hospitality
- $2,015,000
- Educational
- $2,480,000
- Residential Income
- $2,145,000
- Energy
- $2,105,000
- Income-Based Land
- $2,495,000
- Food Service
- $2,100,000
Location Insight
- Map
- Local Demand
- City
- Council Bluffs
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.892
- Latitude
- 41.237
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
