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Property profile & analytics
OFF-MARKET
Gas stations

21793 Hwy 92 Sigourney, IA 52591-8338

1,176 SF 1.56 ac lot Built 1960
Individually Owned Absentee Owner Free & Clear
Property ID
US25-1000846
Property summary
AI-generated overview

This exceptional commercial property, situated on Highway 92 near the Highway 149 intersection east of Sigourney, Iowa, presents a unique investment opportunity. The 2.56-acre parcel comprises two lots, one featuring a 28x42-foot building equipped with two overhead garage doors, an office, restroom, and shop area. Currently leased until February 28, 2027, this provides immediate income potential. The property benefits from its high-visibility location on Highway 92, offering significant exposure to substantial traffic volume. The area boasts a strong local presence, with Sigourney's population at 1,986 and Keokuk County's population at 9,904 (US Census Bureau, 2022). The existing building provides immediate utility, while the ample land offers significant potential for expansion and increased revenue generation. The seller is responsible for snow removal and lawn maintenance. This is an ideal opportunity for investors seeking a well-located commercial property with existing income and substantial growth potential. The property is located at 21793 Hwy 92, Sigourney, IA 52591. The asking price is $350,000.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1960
Total area 1,176 SF
Lot 1.56 ac (67,953 SF)
APN SGTOS-039550
UPID US25-1000846
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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Owner & transaction history
CASEY C THOMPSON
CASEY C THOMPSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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