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Property profile & analytics
OFF-MARKET
Office buildings

2709 Briggs Ave Fairfield, IA 52556-2649

7,780 SF 1.27 ac lot Built 1968
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-2141161
Property summary
AI-generated overview

This exceptional 7,780 square foot commercial property, situated on a 1.27-acre lot at 2709 W Briggs Avenue in Fairfield, IA, presents a rare investment opportunity. The beautifully renovated building boasts four separate en-suite units, each with independent utility connections, providing flexibility for owner-occupancy and rental income. Each unit offers individual office space, some with reception areas, private bathrooms, and open areas, catering to diverse business needs. Access to each unit is convenient via stairs and ramps, with ample parking available both in front and rear of the building, including secondary entrances. Street signage is provided for each tenant. The building's prime location ensures high visibility, close proximity to retail and restaurants, and easy accessibility from busy thoroughfares. A spacious, poured concrete basement, accessible through a shared rear hallway, offers additional versatile space for storage or expansion. All systems and spaces have undergone recent updates, tailored to meet the needs of current tenants. Currently, all four units are independently occupied, with Ensuite #1 becoming vacant December 1, 2024. Existing leases and tenant rights will transfer to the new owner. This property offers a compelling combination of income generation and potential for future growth. A 24-hour notice is required for showings of each individual space. Serious inquiries only.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Total area 7,780 SF
Lot 1.27 ac (55,321 SF)
APN 06-27-402-003
UPID US25-2141161
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
Current use
Occupant on record · Public records
  • The Beehive Hair Salon
  • Temp Associates Employment Agency
  • Adam Mcmann Physician
  • Friendly Family Practice Medical Clinic
  • Eilene Swartz Physician
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
Ramon Gonzalez · 20 yrs held
Ramon Gonzalez
since 2006
2 recorded transactions
2025
Price N/A
2006
$27,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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