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Property profile & analytics
OFF-MARKET
Banks

724 Story St Boone, IA 50036-2837

9,607 SF 0.18 ac lot Built 1973
Individually Owned 6-yr Hold Free & Clear
Property ID
US25-1261935
Property summary
AI-generated overview

This exceptional office property, located at 724 Story Street in Boone, Iowa, presents a unique investment opportunity. Built in 1916, this single-building property offers a variety of office space options, suitable for diverse business needs. The building encompasses a total of four available spaces, ranging in size from 495 square feet to 2,384 square feet. The flexible space caters to various business models, including executive offices, coworking setups, creative office environments, and traditional office layouts. The property's location in Boone County, Iowa, provides convenient access to local amenities and infrastructure. The address is 724 Story Street, Boone, IA 50036. This is a multi-tenant building, offering a blend of historical charm and modern functionality. The property's versatility makes it an ideal choice for businesses seeking a unique and adaptable workspace in a thriving community. The building's age and character offer a distinctive atmosphere, while the available space sizes ensure a suitable fit for various business scales and requirements. This presents a rare opportunity to secure office space in a well-established building with a rich history in the heart of Boone. The property is ready for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1973
Total area 9,607 SF
Lot 0.18 ac (8,000 SF)
Zoning code INC
APN 88426281282064
UPID US25-1261935
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
  • U.S. Bank Branch Bank Loan Service
  • Nalean & Nalean Law Firm
  • Kirke C Quinn Law Office Law Firm
  • Nalean & Nalean: Nalean Loren A Law Firm
  • KTIA Truth Broadcasting Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gary L Nystrom Ret · 6 yrs held
Gary L Nystrom Ret
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
INC · Boone, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CHAPTER 175 ZONING REGULATIONS
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