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Property profile & analytics
OFF-MARKET
Retail space

606 Rossville Rd Waukon, IA 52172-2228

1,564 SF 0.23 ac lot Built 1977
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1363631
Property summary
AI-generated overview

This exceptional 1,564 square foot commercial property, located at 606 Rossville Road in Waukon, Iowa, presents a unique investment opportunity. Situated on a 0.23-acre lot, this fully remodeled building boasts excellent visibility and signage along a busy street with an average daily traffic count of 6,300 vehicles, according to Iowa DOT data. The recent renovations included complete interior and exterior upgrades, electrical improvements, and the addition of solar power, enhancing both efficiency and sustainability. The property features convenient off-street parking and a valuable drive-thru window, ideal for various retail or commercial uses. The interior layout is thoughtfully designed, encompassing a spacious lobby/reception area, a private office, a break room, ample storage space, a boardroom, and two bathrooms. This property previously housed a highly successful pharmacy business, demonstrating the strong market demand in this location. A financial commitment letter is required prior to scheduling a showing. The seller requests presence at all showings. This turnkey operation is ready for its next chapter. Don't miss this chance to own a prime commercial space in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction FRAME
Total area 1,564 SF
Lot 0.23 ac (10,000 SF)
APN 1031259011
UPID US25-1363631
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nightingale LLC · 6 yrs held
Nightingale LLC
since 2020
Last sale
$100,000
2 recorded transactions
2020
Price N/A
2020
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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