Property profile

3153 Joliet Ave Missouri Valley, IA 51555

FOR SALE
Automotive properties
Property ID
US25-2022346
1,960 SF 1.68 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership
  • Car Dealership
  • Grocery & Convenience Store
  • Gas Station

Location

3153 Joliet Ave Missouri Valley, IA 51555
Missouri Valley metro Census 290500 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2021
2 recorded transactions
2021
$100,000
2017
$190,000

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
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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
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