Property profile

2002 Enterprise Ct Independence, IA 50644

OFF-MARKET
Commercial real estate
Property ID
US25-1637611
9,050 SF 0.86 ac lot Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,212 square foot office space is ideally situated at 2002 Enterprise Ct in Independence, Iowa, within Buchanan County. The property is a single-tenant building, perfect for a business seeking a dedicated and private workspace. Previously used as a professional office, the layout includes a welcoming reception area, four individual offices providing ample space for staff or clients, and a convenient bathroom. The building's classification encompasses traditional office, medical office, and executive office uses, offering versatility for a range of professional needs. The property is categorized as retail and office, suggesting potential for a variety of businesses. Its endcap location provides excellent visibility and accessibility. The space is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a well-appointed and functional office environment in a desirable location. The property's address is 2002 Enterprise Court, Independence, IA 50644. Its geographic coordinates are latitude 42.4497544 and longitude -91.8924482. This single-tenant building offers a convenient and efficient workspace solution.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Total area 9,050 SF
Lot 0.86 ac (37,462 SF)
APN 1009403009
UPID US25-1637611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Physician
  • Physician

Location

2002 Enterprise Ct Independence, IA 50644-9611
Independence metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.93M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2022
Last sale
$1.7M
3 recorded transactions
2022
$1.7M
2018
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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