Property profile

910 J Ave Vinton, IA 52349

FOR SALE
Commercial real estate
Property ID
US25-1002020
0.71 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This versatile 1918 industrial building, situated on a 0.71-acre lot at 910 J Ave (Lot 30) in Vinton, IA, presents a unique investment opportunity. Priced at $170,000, the property offers significant potential for redevelopment or continued use. Originally constructed as a dairy barn, the main floor measures 66 feet by 36 feet. While the square footage of the second floor is not included in the listed dimensions, it adds considerable space. The buyer is responsible for verifying the exact square footage. Currently used for owner storage, the property lacks Profit & Loss statements. The first floor features a combination of concrete and gravel flooring. Heating is provided by a furnace on the main level, and electricity is available, although rewiring is needed. Water and sewer services are connected to the lot. It's important to note that the property is being sold "as is," and the seller retains the right to occupy the building for a period of 60 days following the closing of the sale. This presents a chance to acquire a substantial building with ample space and potential for various uses. The property's location in Vinton, IA, offers convenient access to local amenities and transportation routes.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.71 ac (30,884 SF)
APN 24097800
UPID US25-1002020

Cap rate & NOI

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

Location

910 J Ave Vinton, IA 52349
Vinton metro Census 960300 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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