390 Us Hwy 18 Garner, IA 50438-1004
This exceptional commercial property, located at 390 E US Hwy 18 in Garner, Iowa, presents a unique investment opportunity. Priced at $2,970,000, this 1.84-acre site features two buildings, offering versatile space ideal for a variety of commercial uses. The main building boasts a spacious layout with a full upper level, including a modern kitchen perfect for employee meals or client functions, and a full bathroom with washer/dryer hookups. The property also includes two offices and a heated showroom floor, enhancing its functionality and appeal. Significant cost savings are realized through the inclusion of solar panels, reducing electricity expenses. Additional features include ample parking, a loading dock, racking systems, and a storm shelter, all contributing to the property's overall value and practicality. The high-traffic location on US Hwy 18 ensures excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Garner market. This property is ready for immediate occupancy and presents a compelling opportunity for a discerning investor or business owner. The included equipment and amenities further enhance the value proposition of this exceptional commercial offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.