21868 122nd St Birmingham, IA 52535-8205
This exceptional 5-acre commercial property presents a unique investment opportunity in Birmingham, IA. Ideally situated just one mile south of town and directly off Highway 1, this parcel boasts excellent road frontage and visibility. The property includes a substantial metal building offering over 10,000 square feet of covered storage, perfect for various commercial ventures or equipment storage. In addition to the ample storage, the building features over 1,400 square feet of office space, providing comfortable and functional workspace. Recent improvements enhance the property's value and functionality, including a brand-new septic system, newly installed fencing, two automatic waterers, and four additional no-freeze spigots. The versatile zoning allows for both residential and commercial uses, opening up a wide range of possibilities for the discerning buyer. This prime location, combined with the existing building and recent upgrades, makes this a truly exceptional opportunity for entrepreneurs and investors alike. The hard-surface road access ensures convenient transportation and accessibility. Don't miss this chance to acquire a substantial and well-equipped property in a desirable location. Schedule a showing today to explore the potential of this remarkable offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.