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Property profile & analytics
OFF-MARKET
Auto shops

220 Franklin St Wapello, IA 52653-1514

2,468 SF 0.14 ac lot Built 1954
Individually Owned 4-yr Hold Absentee Owner
Property ID
US25-1807468
Property summary
AI-generated overview

This exceptional business opportunity is located at 220 Franklin Street in the thriving town of Wapello, Iowa. Situated on a conveniently sized 0.14-acre lot, this property presents a unique chance for an entrepreneur or established business to establish or expand their operations. The asking price is $124,000, representing a compelling investment in a promising market. While the square footage of the building is not currently specified, the property's 0.14-acre lot offers ample space for development and potential expansion. The address, 220 Franklin Street, places the property in a highly visible and accessible location within Wapello, ensuring excellent exposure to potential customers and clients. This presents a rare chance to acquire a strategically located property in a growing community. Further details regarding the building's specifics are available upon request. Serious inquiries are encouraged to explore the full potential of this exciting business opportunity in Wapello, Iowa. The property's prime location and competitive price make it an attractive investment for those seeking a foothold in the vibrant Iowa market. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1954
Total area 2,468 SF
Lot 0.14 ac (5,920 SF)
APN 08-27-406-006
UPID US25-1807468
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
Robert E Hopkins · 4 yrs held
Robert E Hopkins
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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