930 Us Hwy 18 Garner, IA 50438-1034
This exceptional commercial property presents a remarkable investment opportunity in Garner, Iowa. Strategically located on a high-traffic corner at the intersection of US Highway 18 and US Highway 69, this property boasts outstanding visibility and exceptional access. The main building, constructed in 2005 and totaling 2,220 square feet, offers a versatile layout previously used as a pharmacy. Features include durable brick and steel exterior siding, two private offices, a convenient break room, an ADA-compliant bathroom, a dedicated furnace room, and a spacious open front area ideal for customer interaction. The building is equipped with both in-floor radiant heat and forced air/central air conditioning systems, ensuring year-round comfort. A significant advantage is the presence of a covered drive-through, adding convenience for customers. In 2006, a substantial 36 x 50 metal building was added to the north side of the paved parking lot, featuring three overhead doors and a concrete floor. This secondary structure provides ample space for storage, workshop use, or potential lease income. The expansive 1.85-acre lot provides ample parking and room for expansion. The property's versatility makes it suitable for a wide range of commercial uses, presenting a unique opportunity for entrepreneurs and investors alike. This prime location and adaptable space offer a compelling combination for immediate success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.