926 Ct Ave Chariton, IA 50049-1826
This exceptional 698-square-foot retail property, located at 926 Court Ave in Chariton, Iowa, presents a unique investment opportunity. Built in 1967, this single-story building sits on a 0.31-acre lot and offers a prominent location directly across from the Lucas County Courthouse. The building's prime corner location ensures high visibility and accessibility for potential businesses. The asking price is $150,000, translating to $214.90 per square foot. The property features a dedicated on-site parking lot, a significant advantage in a high-traffic area. The building's history as a bank speaks to its structural integrity and suitability for a variety of commercial uses. Its single-unit layout provides simplicity and efficiency for potential owners. This property is ideal for an investor seeking a strong return in a stable Iowa community. The address is easily accessible and benefits from high foot traffic due to its proximity to the courthouse. The property's size and location make it suitable for a range of commercial ventures, offering significant potential for future growth and profitability. This is a rare opportunity to acquire a well-situated commercial property in a desirable location. The property's solid construction and prime location make it an attractive investment for discerning buyers.
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.