606 Rossville Rd Waukon, IA 52172-2228
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.