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Property profile & analytics
OFF-MARKET
Commercial real estate

215 3rd St Tama, IA 52339-2307

0.06 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US25-1759964
Property summary
AI-generated overview

This exceptional 2,000-square-foot commercial property, located at 215 W 3rd Street in Tama, Iowa, presents a unique investment opportunity. The single-story building offers versatile space suitable for a variety of uses, including multi-family residential, retail, or office space. The property boasts a recently installed metal roof, ensuring long-term durability and low maintenance. Inside, you'll find a welcoming waiting room and five well-appointed office areas, ideal for a professional setting. Two remodeled half-bathrooms provide convenient amenities. The building is equipped with a forced-air heating and central air conditioning system, ensuring year-round comfort. Previously utilized as an attorney's office, this property is ready for its next chapter. Its adaptable layout and prime location in Tama make it an attractive prospect for both established businesses and new ventures. The asking price is $70,000. This represents a compelling opportunity to acquire a well-maintained commercial building in a desirable location. Don't miss out on this chance to own a piece of Tama's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.06 ac (2,396 SF)
APN 14.34.208.026
UPID US25-1759964
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
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Comparable Approach Comparable
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by Request
Owner & transaction history
Arc Tama County · 11 yrs held
Arc Tama County
since 2015
1 recorded transaction
2015
$118,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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