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Property profile & analytics
FOR SALE
Office buildings

210 1St St SW Clarion, IA 50525

2,880 SF 0.21 ac lot Built 1900
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-1835473
Property summary
AI-generated overview

This exceptional mixed-use building in Clarion, Iowa, presents a fantastic opportunity for both owner-occupancy and investment. Located at 210 1st St SW, this 2,880 square foot property, built in 1900, sits on an 8,970 square foot lot and is offered at $129,000 ($44.79/sq ft). The building boasts a spacious reception and waiting area, four individual offices, a copy room, a kitchen, and two bathrooms – one of which is ADA compliant. A large 20x34 conference room provides ample space for meetings or gatherings. Additional features include a clean, dry partial basement and a walk-up attic offering substantial storage. The exterior features two entrances, one designed for ADA accessibility. This move-in ready space is ideal for a variety of businesses seeking a well-maintained and functional office environment. The property's versatility and location in Wright County, Iowa, make it an attractive investment with strong income potential. The zip code is 50525. This single-unit building is currently for sale by owner.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction FRAME
Total area 2,880 SF
Lot 0.21 ac (8,970 SF)
APN 11-06-105-006
UPID US25-1835473
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
Current use
Occupant on record · Public records
  • Gateway Home Health and Hospice Speech Pathologist Home Health Care Service
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
Teddy D Brigger · 9 yrs held
Teddy D Brigger
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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