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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

203 Main St Drakesville, IA 52552-9794

2,520 SF 0.56 ac lot Built 1999
Entity Owned ~ Est. High Equity
Property ID
US25-1609644
Property summary
AI-generated overview

This thriving convenience store and fuel station, established in 1999, presents a unique investment opportunity in Drakesville, Iowa. Strategically located at the intersection of Main Street and Washington Street, the property benefits from significant traffic flow, experiencing a notable increase during the peak summer months. The building encompasses 2,520 square feet, thoughtfully designed to accommodate both retail and kitchen operations. A spacious seating area provides ample space for dine-in customers, enhancing the overall customer experience. Three fuel dispensers offer a variety of options, including unleaded, super unleaded, off-road diesel, and diesel fuel, catering to a broad range of customer needs. The current owners are seeking a new operator, offering a turnkey business opportunity for a prospective buyer. This presents a chance to acquire an established, profitable business with a strong foundation and significant growth potential. The property is priced at $279,000 and sits on a 0-acre lot. The sale includes all existing equipment and fixtures, allowing for a seamless transition and immediate commencement of operations. This is an exceptional opportunity for an entrepreneur seeking a well-established business in a desirable location. The property's prime location and diverse offerings make it an attractive investment for those seeking a profitable and established business venture.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Total area 2,520 SF
Lot 0.56 ac (24,394 SF)
APN 3022710
UPID US25-1609644
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sines Gas N Go LLC
Sines Gas N Go LLC
since 2026
2 recorded transactions
2026
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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