Technical
Financial
Distress signals
Property profile

2827 8Th Ave S Fort Dodge, IA 50501

FOR SALE
Office buildings
Property ID
US25-0653779
25,751 SF 3.72 ac lot Built 1968
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant, 2-story, 24,556 square foot office building situated on a 3.72-acre lot in Fort Dodge, Iowa. Built in 1968 and renovated in 2012, the Class C property features concrete floors, a mix of standard and LED lighting (2012 remodel), and a forced-air HVAC system in the office areas supplemented by a boiler system for heating. The building is currently vacant, offering immediate potential for lease or owner-occupancy. Utilities are serviced by MidAmerican Energy (electric and gas) and the City of Fort Dodge Water Department. The property boasts a permitted C zoning classification and is identified by APN 0728177002. The asking price is below assessed value, making this a compelling investment prospect. The building's substantial size and location in Webster County, Iowa, present a strong foundation for future growth and profitability. This property is ready for immediate development or lease, offering a unique opportunity for investors seeking a substantial presence in the Fort Dodge market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Construction STEEL FRAME
Total area 25,751 SF
Lot 3.72 ac (162,043 SF)
APN 728177002
UPID US25-0653779

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
  • Pet Store & Service

Location

2827 8Th Ave S Fort Dodge, IA 50501
Fort Dodge metro Census 500 FORT DODGE, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2023
Last sale
$200,000
3 recorded transactions
2025
Price N/A
2025
Price N/A
2023
$200,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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