30847 323rd Ave Richland, IA 52585-8503
This exceptional commercial property in Richland, IA, presents a significant opportunity for business owners. Spanning 2.26 acres, the property boasts two separate buildings totaling over 15,000 square feet of interior space. Each building is equipped with three-phase electric service and access to rural water, providing ample utility infrastructure. The east building, measuring 8,016 square feet, offers a versatile layout including a dedicated office, a break room, additional rooms for various uses, a bathroom, and a convenient concrete loading dock complete with an overhead door. The west building, at 7,280 square feet, features a spacious open floor plan, ideal for customization to suit a wide range of business needs. Both buildings feature fully concreted floors, ensuring durability and ease of maintenance. The property's expansive size and adaptable spaces make it suitable for a variety of commercial ventures, including warehousing, manufacturing, sales operations, agricultural businesses, and many other possibilities. This is an outstanding opportunity to establish or expand your business in a prime location. The asking price is $325,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.