Property profile

916 W 9Th St Vinton, IA 52349

FOR SALE
Turn key restaurants
Property ID
US25-0918476
3,626 SF 0.67 ac lot Built 1903
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This unique investment opportunity presents a 0.67-acre parcel located at 916 W 9th St in Vinton, Iowa. The property, formerly a hospital, offers significant potential for redevelopment or repurposing. Its substantial size and central location within Vinton provide a strong foundation for a variety of commercial ventures. The building itself is in need of significant renovation or demolition, presenting a blank canvas for a creative investor. The 0.67-acre lot allows for ample space for expansion or the addition of complementary structures. Given its history and prominent location, this property could be ideal for adaptive reuse projects, such as a boutique hotel, mixed-use development, or specialized medical facility. The absence of a listed square footage necessitates a thorough on-site inspection to determine the precise dimensions and structural integrity of any existing buildings. This property is being offered at a price to be determined, reflecting the significant potential and the need for substantial investment in its future. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this unique property presents. The property's location in Vinton offers access to local amenities and a growing community. This is a chance to acquire a substantial piece of Vinton's history and shape its future. The sale includes the land and any existing structures. All interested parties are responsible for conducting their own independent inspections and assessments.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1903
Total area 3,626 SF
Lot 0.67 ac (29,338 SF)
APN 24097520
UPID US25-0918476

Cap rate & NOI

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

Location

916 W 9Th St Vinton, IA 52349
Vinton metro Census 960300 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message