Property profile

620 Halland Ave Stanton, IA 51573

FOR SALE
Hotels
Property ID
US25-1786346
5,760 SF 1.54 ac lot Built 1994
Individually Owned 12-yr Hold Free & Clear
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For Sale
Contact for pricing 5,760 SF
620 Halland Ave, Stanton, IA 51573
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Property summary

AI-generated overview

This 12-key motel at 620 Holland Ave, Stanton, IA, 51573, presents a compelling investment opportunity. Built in 1994, this well-maintained property sits on a 1.54-acre lot and includes a two-bedroom, one-bathroom manager's residence. Strategically located near US Highway 34, next to a Casey's General Store, and in an industrial park, the motel benefits from high traffic volume. Its proximity to Red Oak, IA, further enhances its appeal. The property's versatility allows for diverse uses, including assisted living, long-term rentals, or conversion into storage units. The existing structure offers ample space, and additional adjacent land provides room for expansion, maximizing future development potential. The asking price is $325,000, and owner financing may be available. This is a rare chance to acquire a versatile commercial property in a thriving area. The property's location ensures excellent visibility and accessibility, guaranteeing a steady stream of potential customers.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1994
Construction FRAME
Total area 5,760 SF
Lot 1.54 ac (67,082 SF)
APN 681103101063000
UPID US25-1786346

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
  • Hotel & Motel

Location

620 Halland Ave Stanton, IA 51573
Stanton metro Census 960400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2013
3 recorded transactions
2025
Price N/A
2013
Price N/A
2009
$135,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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