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Property profile & analytics
FOR SALE
Automotive properties

3153 Joliet Ave Missouri Valley, IA 51555

1,960 SF 1.68 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
Property ID
US25-2022346
Property summary
AI-generated overview

This exceptional 4-acre property in Missouri Valley, IA (51555), presents a compelling redevelopment opportunity. The site boasts two existing buildings totaling 1,755-5,000 square feet of space, with a net rentable area of 5,000 square feet, suitable for a variety of uses including convenience stores, quick-service restaurants, and restaurants. Built in 1966, the property features 8-foot ceilings and ample parking. Its strategic location offers high visibility and easy access from a nearby highway exit, enhanced by prominent signage. The property's zoning is commercial, allowing for diverse business options. The sale includes fee simple ownership. This is an ideal investment for entrepreneurs seeking a high-traffic location with potential for significant returns. The property's design is functional and appealing, and the site includes amenities such as restrooms. The potential for incorporating sustainable features adds to its long-term value. This convenient hub offers a welcoming atmosphere for travelers, providing essential services and amenities in a prime location. The property is for sale by owner.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1966
Total area 1,960 SF
Lot 1.68 ac (73,181 SF)
APN 604001990801000
UPID US25-2022346
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
Current use
Occupant on record · Public records
  • Mo Valley Motors Car Dealership
  • Omaha Trailers Car Dealership
  • MoVal Motors, LLC. Car Dealership
  • Yesway Grocery & Convenience Store
  • CENEX Gas Station
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
Red Light Properties LLC · 5 yrs held
Red Light Properties LLC
since 2021
2 recorded transactions
2021
$100,000
2017
$190,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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