Property profile

303 2Nd St Rolfe, IA 50581

FOR SALE
Flex space
Property ID
US25-0478108
160 SF 0.93 ac lot Built 1979
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a multifamily property located at 303 2nd Street, Rolfe, IA. The property sits on a sizable 0.93-acre lot, offering significant potential for future development or expansion. Currently configured as an apartment building, the property is being sold "as is," providing a unique chance for a buyer to renovate and increase its value. The building's precise square footage is not currently available. The asking price for this property is $135,000. This represents a compelling entry point into the Rolfe, IA real estate market. The property's residential zoning ensures flexibility for various uses and potential future development projects. Given the size of the lot and the "as is" condition, this property is ideal for investors seeking a hands-on project with substantial upside potential. The location in Rolfe, IA offers a stable community setting with potential for strong rental income. Serious inquiries are encouraged to explore this promising investment opportunity further. Due diligence is recommended to assess the property's condition and potential rental income. All information provided is believed to be accurate but should be independently verified.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 160 SF
Lot 0.93 ac (40,328 SF)
APN 805179001
UPID US25-0478108

Cap rate & NOI

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

Location

303 2Nd St Rolfe, IA 50581
Rolfe metro Census 780200
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
by Request

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message