Financial
Distress signals
Property profile

3319 Nebraska Ave Council Bluffs, IA 51501

FOR LEASE
Commercial real estate
Property ID
US25-0412013
41,760 SF 2.3 ac lot Built 1969
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional flex space warehouse, located at 3319 Nebraska Ave in Council Bluffs, Iowa, presents a unique opportunity for businesses seeking versatile industrial space. The property, built in 1969 and zoned I-2, offers a total of 41,760 square feet, with multiple tenancy options available. Individual spaces range from a minimum of 3,181 square feet to a maximum contiguous space of 8,040 square feet, providing flexibility for various business needs. The warehouse boasts 3-phase power, a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$52k
Tax billed · 2023
Assessed value · 2024$1.41M
Assessed land$276k
Assessed improvement$1.13M
Effective rate3.67%

Value estimate

· Sep 2026
$725k
$653k – $798k
AI approach$725k
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$4k
Operating expenses−$19k
NOI · 624,052.17% cap applied$36k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
624,052.17%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-2
Zoning. Off-premises signs may be placed on property zoned I-1, I-2 and I-3, subject to all other restrictions in this section. Spacing U...
General categoryINDUSTRIAL
JurisdictionPOTTAWATTAMIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.5
Dental Office16.1
Law Firm15.0

Location

3319 Nebraska Ave Council Bluffs, IA 51501
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1301 6th, Council Bluffs, IA 51501-6474 $1,150,000 Jun 2025 14,700 SF
3108 2nd, Council Bluffs, IA 51501-3301 $65,000 Jan 2025 No data
1221 25th, Council Bluffs, IA 51501 $235,000 Dec 2024 3,600 SF
Council Bluffs, IA 51501 $300,000 Oct 2024 No data
512 23rd, Council Bluffs, IA 51501-7362 $1,515,000 Mar 2024 3,277 SF
1100 20th, Council Bluffs, IA 51501 $308,000 Feb 2022 24,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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