7180 Hickman Rd Windsor Heights, IA 50324-4852
This exceptional 2,930 square foot medical office building, located at 7180 Hickman Rd in Windsor Heights, IA 50324, presents a unique investment opportunity. Built in 1977 and extensively renovated in 2015, the property boasts a desirable two-story layout within a single building situated on a 0.88-acre lot. The building is zoned for Community Commercial District use and features a total of 31 parking spaces, including 26 in the main lot and 5 additional staff spaces. Previously used as an orthodontics practice, the space includes multiple operatories, a dedicated lab area, private offices, and an implant workroom, making it ideally suited for a variety of dental or medical practices. The adaptable floor plan offers a seamless blend of treatment and administrative areas. The property is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. A tenant improvement allowance is negotiable. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving community.
This district is intended for commercial facilities which serve the needs of markets ranging from several neighborhoods to the overall region. While allowed commercial and office uses are generally compatible with nearby residential areas, traffic and operating characteristics may have more negative effects on residential neighborhoods than those permitted i…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Windsor Heights, IAThis district is intended for commercial facilities which serve the needs of markets ranging from several neighborhoods to the overall region. While allowed commercial and office uses are generally compatible with nearby residential areas, traffic and operating characteristics may have more negative effects on residential neighborhoods than those permitted in the O District.
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.