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Property profile & analytics
FOR LEASE
Individual retail properties

7 S 4Th St Council Bluffs, IA 51503

1.11 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US25-2569180
Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1980
Lot 1.11 ac (48,352 SF)
Zoning code C-4
APN 7544 36 205 002
UPID US25-2569180
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
Current use
Occupant on record · Public records
  • The Hub Trampoline Park & Ninja Warrior Course Arcade & Gaming Center Family Recreation Center
  • The Hub Axe Throwing Family Recreation Center
  • Central Athletics Gym & Fitness Center
  • Ypreschool High School
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
Backs Props LLC · 6 yrs held
Backs Props LLC
since 2020
7 recorded transactions
2021
Price N/A
2020
$75,000
2019
Price N/A
2018
Price N/A
2018
$82,000
2014
Price N/A
1969
Price N/A
Zoning & alternative use
C-4 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 15.17 - C-4/COMMERCIAL DISTRICT 15.17.010 Statement Of Intent 15.17.020 Principal Uses 15.17.030 Conditional Uses 15.17.040 Accessory Uses 15.17.050 Site Development Regulations 15.17.060 Additional Regulations 15.17.070 Signs 15.17.010 Statement Of Intent The C-4 district is intended to provide an intensive business zone which will accommodate large…

Zone name Commercial District
General category COMMERCIAL
Zone area 66.91 ac
Source Council Bluffs : Municipal Code
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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