Property profile

503 9th Ave Council Bluffs, IA 51503

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0234784
2,429 SF 0.54 ac lot Built 1987
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 2,429 SF
Lot 0.54 ac (23,522 SF)
Zoning code C-2
APN 7544 36 332 003
UPID US25-0234784

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
  • Gas Station
  • Grocery & Convenience Store
  • Bank Credit Union
  • Atm

Location

503 9th Ave Council Bluffs, IA 51503-0926
Council Bluffs metro Census 31000 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2014
3 recorded transactions
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Council Bluffs, IA
Zoning description

Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 1…

General category COMMERCIAL

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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