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Property profile & analytics

718 5th St Durant, IA 52747-7739

  • Office Properties & Spaces
  • 2,736 SF
  • 0.27 lot acres
OFF-MARKET
Value Estimation
$220,000
Location Intelligence
Property ID
US25-0624102
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rock Valley Physical Therapy - Durant / Physical Therapy Clinic / Physical Therapist

Property Details for 718 5th St

Year built
1973
Lot size
0.27 lot acres
Property size
2,736 SF
Property type
Office Properties & Spaces
APN
40016364100090
APU
40016364100090

Description

This exceptional commercial property, located at 718 5th Street in Durant, Iowa, presents a compelling investment opportunity. The 2,736 square foot building sits on a 0.27-acre lot and is currently occupied by Rock Valley Physical Therapy under a lease agreement extending until June 30, 2026. The annual net rent is $27,360, structured as a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. This minimizes the owner's ongoing expenses and provides a predictable income stream. The property is described as clean and well-maintained, reflecting a commitment to quality and tenant satisfaction. Its strategic location in Durant, Iowa, offers excellent visibility and accessibility, contributing to its strong rental potential. This turnkey investment is ideal for those seeking a stable, income-generating asset with a long-term tenant in place. The property's size and location make it suitable for a variety of commercial uses, offering potential for future growth and appreciation. The current lease provides a secure return on investment, while the property's inherent value ensures long-term financial stability. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving Iowa community. The asking price is $250,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $235,000
  • CAP approach

    CAP return
    Estimation
    6%
    $160,000
    6.5%
    $155,000
    7%
    $175,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $175,000
    Geo Method
    $150,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $170,000
    Retail
    $170,000
    Mixed-Use
    $180,000
    Hospitality
    $175,000
    Educational
    $185,000
    Residential Income
    $170,000
    Energy
    $140,000
    Income-Based Land
    $170,000
    Food Service
    $160,000

Location Insight

  • Map
  • Local Demand
City
Durant
County
Cedar
State
Iowa
Longitude
-90.9092
Latitude
41.6007

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,680
$14,880
$190,600
$205,480
-
$14,880
$190,600
$205,480
More about this property
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