Property profile

511 Blondeau St Keokuk, IA 52632

OFF-MARKET
Office buildings
Property ID
US25-0573483
3,216 SF 0.11 ac lot Built 1880
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This charming two-story brick commercial building at 511 Blondeau Street in Keokuk, Iowa, presents a unique investment opportunity. Situated on a 0.11-acre lot, the property boasts significant space ideal for a variety of businesses. The ground floor offers three generously sized offices, a secure vault, a spacious reception area, and a half-bath. The upper level provides ample potential, with space suitable for three additional offices, a conference room, a half-bath, a three-quarter bath, and a kitchen area, along with another large reception area. The building's versatility allows for customization to meet diverse business needs. Adding to its appeal is a beautifully landscaped and fenced courtyard, providing a tranquil outdoor space. Convenient covered parking is accessible via alley access, offering both practicality and security for employees and clients. Priced at $89,900, this property is ready for immediate occupancy and presents a compelling opportunity for business owners seeking a well-maintained and attractive commercial space in a desirable location. The square footage is not currently available. Schedule a viewing to explore the full potential of this exceptional property.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1880
Total area 3,216 SF
Lot 0.11 ac (4,900 SF)
APN 04-45-21-25-432-0030
UPID US25-0573483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

511 Blondeau St Keokuk, IA 52632-5665
Keokuk metro Census 490900 FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2024
Last sale
$39,500
2 recorded transactions
2024
$39,500
2021
Price N/A

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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