2827 8Th Ave S Fort Dodge, IA 50501
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.
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Land O'Lakes AG Services Pet Store & Service
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
Similar Nearby for Sale
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.