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2200 Broadway Council Bluffs, IA 51501-3624

OFF-MARKET Retail space Google Maps
9,093 SF 0.84 ac lot Built 2014
Individually Owned 11-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$810k
Range $729k – $891k (±10%)
Property ID US25-0209738

Property summary

AI-generated overview

This exceptional 1,100-square-foot medical office space, located at 2200 W Broadway Ste. 500 & 300, presents a fantastic opportunity for a single tenant. Built in 2014, the property boasts a single story design with an impressive 8-foot ceiling height. The space is currently vacant and ready for immediate occupancy. Ample parking is available, ranging from 20 to 50 spaces, ensuring convenient access for both staff and clients. Its prime location offers excellent visibility, enhanced by a prominent building sign, and provides easy access to downtown Omaha. The property's classification includes retail, office, medical office, and traditional office subtypes. The building is part of the River City Plaza, and 2023 budgeted operating expenses are available: CAM charges are $6.16 per square foot, insurance is $0.64 per square foot, and taxes are $7.54 per square foot, totaling $14.34 per square foot. This well-maintained space is ideal for a variety of medical practices or businesses seeking a convenient and highly visible location. Don't miss this chance to secure a thriving space in a desirable area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Total area 9,093 SF
Lot 0.84 ac (36,590 SF)
Zoning code C-2
APN 7544 26 359 008
UPID US25-0209738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Mobile Phone Store Electronics & Wireless Store
  • Cafe & Coffee Shop
  • Construction Company General Contractor
  • Hair Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$924k
Blend (final) Blend
$810k

Owner & transaction history

since 2015
3 recorded transactions
2015
$2.1M
2013
$540,000
1969
Price N/A

Zoning & alternative use

C-2 · Council Bluffs, IA
Zoning description

Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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