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Property profile & analytics
OFF-MARKET
Office buildings

900 1st Ave Perry, IA 50220-1703

1,736 SF 0.16 ac lot Built 1996
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-0236546
Property summary
AI-generated overview

This exceptional 1,736 square foot office/retail space presents a fantastic investment opportunity in the thriving heart of Perry, Iowa. Located at 900 1st Avenue, this property boasts a highly desirable downtown location, offering excellent visibility and accessibility for businesses seeking a prominent presence. The building sits on a conveniently sized 0.16-acre lot, providing ample space for parking or potential future expansion. The interior layout is versatile and adaptable, making it suitable for a wide range of commercial uses, from professional offices to retail establishments. The asking price of $275,000 represents a compelling value for a property of this caliber in a dynamic market. All information provided has been obtained from the seller and public records. This is a turnkey opportunity for an owner-occupier or investor looking to capitalize on the growth potential of Perry's commercial sector. The property's central location ensures easy access to local amenities, a strong workforce, and a vibrant community. Serious inquiries are encouraged to explore this promising investment further. Don't miss the chance to secure this prime commercial real estate in a rapidly developing area. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a well-situated and versatile commercial space in a desirable Iowa town.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction FRAME
Total area 1,736 SF
Lot 0.16 ac (7,050 SF)
APN 210356003
UPID US25-0236546
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
  • Audi Sorber Real Estate Real Estate Agency
  • RE/MAX Precision Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Whiton Rentals LLC · 9 yrs held
Whiton Rentals LLC
since 2016
Last sale
$250,000
3 recorded transactions
2026
Price N/A
2016
Price N/A
2013
$11,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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