712 11th St De Witt, IA 52742-1325
This exceptional commercial property, located at 712 11th Street in DeWitt, Iowa, presents a unique investment opportunity. The 2,400 square foot building, constructed in 1976, sits on a sizable 0.66-acre lot and is zoned for commercial use. Its previous use as a bank building offers a solid foundation for a variety of office-based businesses. The property boasts an excellent location on a main thoroughfare, ensuring high visibility and accessibility for clients and employees. Situated in the heart of the DeWitt community, this location benefits from strong local traffic and a well-established commercial presence. The asking price is $350,000, translating to a price per square foot of $145.83. This represents a compelling opportunity to acquire a well-positioned commercial property in a thriving Iowa community. The building's size and prominent location make it ideal for a range of businesses seeking a substantial and visible presence in DeWitt, Iowa. The 52742 zip code offers convenient access to local amenities and transportation routes. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.
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
No recorded transactions found for this property.
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.