Property profile

900 12th E 3rd St Anamosa, IA 52205

OFF-MARKET
Office buildings
Property ID
US25-2378068
1,650 SF 0.16 ac lot Built 1990
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial building at 900 E 3rd Street, Anamosa, IA, offers immediate possession and boasts 2,690 square feet of main-level space, easily adaptable to single or multi-tenant occupancy. The layout includes a welcoming vestibule, a waiting area, private offices, and two restrooms. The building features a 9-foot main floor side wall height, ceiling speakers, and three exits for convenient access. High-quality construction includes a web floor truss system, simplifying future renovations and modifications. Efficiency is maximized with a tankless water heater, solar electrical collecting panels, and excellent insulation, resulting in average monthly utility costs of $63 for gas and $105 for electricity. High-speed internet, phone, and fiber optic service are provided by Maquoketa Valley Electric. Ample parking is available in the concrete lot, accessible via two common entrances. The property's prominent corner location on a 0.3-acre lot ensures high visibility, enhanced by large south-facing windows and a shared monument sign with electricity. A 14' x 20' detached garage with double doors, an overhead opener, and alley access is included. Further expansion potential exists with a 1,640 square-foot lower level featuring a poured concrete wall, a half-bathroom, and a kitchenette. The lower level requires review and approval of the existing common wall and maintenance agreement by the new owner. This turnkey property presents a unique opportunity for a variety of commercial ventures.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Construction FRAME
Total area 1,650 SF
Lot 0.16 ac (7,020 SF)
APN 911206012
UPID US25-2378068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Dental Office
  • Dental Office

Location

900 12th E 3rd St Anamosa, IA 52205-2009
Anamosa metro Census 70301 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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