Property profile

611 Broadway Council Bluffs, IA 51503

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0188386
3,526 SF 0.63 ac lot Built 1968
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1968
Total area 3,526 SF
Lot 0.63 ac (27,443 SF)
Zoning code C-3
APN 7543 30 308 001
UPID US25-0188386

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
  • Cinema (Bike/Boat/Book/etc) Store
  • Gas Station
  • Atm
  • Bank Credit Union

Location

611 Broadway Council Bluffs, IA 51503-4602
Council Bluffs metro Census 31100 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2016
3 recorded transactions
2016
$175,000
2006
$825,000
1969
Price N/A

Zoning & alternative use

C-3 · Council Bluffs, IA
Zoning description

The C-3 district is intended to accommodate office, retail and related activities in the traditional commercial center of the city as well as other appropriate commercial sites. (Ord. 5469 § 1 (part), 1999) 15.16.020 Pri…

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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