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Property profile & analytics
OFF-MARKET
Commercial real estate

4142 Main St Elk Horn, IA 51531-8016

0.11 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US25-1541287
Property summary
AI-generated overview

This exceptional commercial property, located at 4142 Main Street in Elk Horn, Iowa, presents a unique investment opportunity. Priced at $160,000, this office building boasts approximately 5000 square feet of interior space, ideal for a variety of businesses. Situated on a 0.11-acre lot, the building benefits from a highly visible Main Street location, offering excellent storefront exposure. Recent updates include modern windows and electrical systems, ensuring efficient and comfortable operation. The property features two convenient built-in lofts, providing ample storage and the potential for additional office or workspace. A full bathroom is included. Practical functionality is enhanced by 12-foot overhead garage doors at both ends of the building, allowing for easy access and loading/unloading. The building also offers convenient alley access to the rear, providing additional flexibility for operations and deliveries. This versatile property combines prime location, substantial space, and recent improvements, making it an attractive option for entrepreneurs and investors alike. The zip code is 51531. Don't miss this chance to establish your business in this thriving Iowa community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.11 ac (4,896 SF)
APN 833015001031
UPID US25-1541287
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James R Hoflen · 1 yrs held
James R Hoflen
since 2024
Last sale
$160,000
2 recorded transactions
2024
$160,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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