101 Harrison StThompson, IA 50478

Property Details for 101 Harrison St

Year built

1920

Lot size

0.15 AC

Property size (Sq ft)

856 SF

Property type

Self service car washes

APN

623354003

APU

623354003

Description

This unique 0-acre property located at 101 N Harrison in Thompson, IA, presents a remarkable opportunity for an ambitious entrepreneur. Priced at $30,000, this property, classified as "Other," offers a blank canvas for a variety of innovative business ventures. The existing structure, while requiring renovation and modernization, possesses inherent charm and character, ready to be revitalized. Its strategic location in Thompson, IA, provides excellent visibility and accessibility for potential customers. The property's versatility allows for a wide range of commercial uses, making it an ideal investment for those with a creative vision. Imagine transforming this space into a thriving pet grooming and washing station, a mobile car wash facility, or another service-based business tailored to the local community's needs. The possibilities are limited only by your imagination. This is a rare chance to acquire a property with significant upside potential at an attractive price point. Don't miss this chance to bring your entrepreneurial dreams to life in a vibrant and growing community. The property is ready for its next chapter, and with some vision and investment, it can become a highly successful commercial enterprise. Serious inquiries are encouraged to explore this exciting opportunity further. Act quickly, as properties like this don't remain available for long.

• CAP approach

  CAP return

  Valuation

  6%

  $207,133

  6.5%

  $191,200

  7%

  $177,543

• Comparable approach

  Method

  Valuation

  Relative Method

  $110,099

  Geo Method

  $110,099

• Alternative Use

  Use

  Valuation

  Residential

  $161,284

  Hospitality

  $147,736

  Educational

  $122,914

  Medical

  $127,142

  Retail

  $191,200

Location Insight

City

Thompson

County

Winnebago

State

Iowa

Latitude

43.3716

Longitude

-93.7735

Property Tax & Assessments

FAQs

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