730 4th St Chariton, IA 50049-2441
This exceptional 4.16-acre commercial property, located at 730 S 4th Street in Chariton, Iowa, presents a unique investment opportunity. Previously a thriving veterinary clinic serving Lucas County and beyond, this property boasts significant potential for diverse commercial uses or even residential conversion. The existing structure, which appears structurally sound, offers ample space for redevelopment. A key feature is the energy-efficient geothermal heating and cooling system, powered by a substantial 30,000-gallon reservoir situated beneath the two-car drive-under garage. This innovative system offers significant long-term cost savings. The property's expansive 4.16-acre lot provides ample room for expansion or additional development. Its strategic location within Chariton offers excellent visibility and accessibility. Whether you envision a modern commercial enterprise, a multi-family dwelling, or a large single-family residence, this property's adaptability makes it an attractive proposition. The possibilities are truly limitless, requiring only vision and planning to transform this property into a valuable asset. The asking price is $199,900. Don't miss this chance to acquire a property with such remarkable potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.