Property profile

201 Rossville Rd Waukon, IA 52172

OFF-MARKET
Automotive properties
Property ID
US25-1137329
3,000 SF 1.5 ac lot Built 1979
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 201 Rossville Road in the heart of downtown Waukon, Iowa, presents a rare investment opportunity. The expansive 15,012 square foot main building sits on a generous 1.5-acre lot, offering excellent visibility and frontage. Currently configured for a multi-faceted business operation, the property boasts a large paved parking lot, multiple offices, a spacious showroom, a dedicated service area, convenient drive-in bays, a comfortable lounge area, and ample restroom facilities. A separate, well-maintained shop building is also included, ideal for various uses. The property's current configuration is adaptable to a wide range of commercial ventures, benefiting from its established presence and prime downtown location. This is a significant opportunity to acquire a Waukon landmark, with an appraisal already completed. The sale includes only the real estate

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1979
Construction STEEL FRAME
Total area 3,000 SF
Lot 1.5 ac (65,470 SF)
APN 1031211002
UPID US25-1137329

Cap rate & NOI

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

Location

201 Rossville Rd Waukon, IA 52172-1937
Waukon metro Census 960300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2020
3 recorded transactions
2020
$150,000
2019
Price N/A
2018
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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