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Property profile & analytics
OFF-MARKET
Retail space

310 2nd SE St Dyersville, IA 52040-1600

12,530 SF 0.51 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0590398
Property summary
AI-generated overview

This exceptional mixed-use property in Dyersville, Iowa, presents a unique investment opportunity. Located at 310 2nd St SE, this 18,000 square foot building, constructed in 1860 and renovated in 2022, sits on a 0.51-acre lot (APN 0731252009) and is zoned for commercial use. The property comprises five interconnected units: two brick, two limestone, and one metal structure (circa 1954). Two leased apartments, totaling 3,046 square feet, offer stunning river and Basilica views. A 1,116 square foot street-level space boasts high ceilings and excellent corner store potential. Four adjacent limestone spaces on the river level are ideal for a restaurant or bar, with existing restaurant concepts available. Two remarkable limestone caverns, totaling 2,256 square feet, offer unique possibilities. A 4,000 square foot metal structure features three loading docks, suitable for a sports center. The property includes ample parking for 30 vehicles. Its proximity to the Field of Dreams and downtown Dyersville makes it an attractive investment, benefiting from the area's tourism. The property's rich history, including its use as a brewery, adds to its character and appeal. The building's recent $1,000,000 renovation enhances its value and functionality. This property offers a blend of historical charm and modern amenities, presenting a compelling investment opportunity in a thriving location. The asking price is $995,000 ($55.28/sq ft).

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 12,530 SF
Lot 0.51 ac (22,340 SF)
APN 07-31-252-009
UPID US25-0590398
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
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
If You Build It LLC · 5 yrs held
If You Build It LLC
since 2020
Last sale
$90,000
2 recorded transactions
2023
Price N/A
2020
$90,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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