Property summary
This 8,800 square foot, two-story office building at 20 Pearl Street in Council Bluffs, Iowa, is available for sale with a leaseback option. The property, built in 1920, features 4,400 square feet of net rentable space and is currently 100% occupied by a long-established, reputable Certified Public Accounting firm with deep community ties. The building boasts several private offices, a reception area, two walk-in safes, and three restrooms. A full basement and four parking spaces are also… included. The property sits on a 5,600 square foot lot and is zoned C-4. The asking price is $550,000, representing a price per square foot of $62.50 and a pro-forma cap rate of 0.98%. The pro-forma NOI is $5,400. This is a unique opportunity to acquire a well-located, income-producing property in a thriving downtown area with a built-in tenant. The lease is a NNN (triple net) lease.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.13 ac
- Year built
- 1920
- Stories
- 2
- APN
- 7544 36 128 007
- Zoning
- C-4
- Assessed value · 2024
- $276,600
- Annual tax · 2023
- $7,892
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $7,892
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Chapter 15.17 - C-4/COMMERCIAL DISTRICT 15.17.010 Statement Of Intent 15.17.020 Principal Uses 15.17.030 Conditional Uses 15.17.040 Accessory Uses 15.17.050 Site Development Regulations 15.17.060 Additional Regulations 1…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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