1921 Superior StWebster City, IA 50595

Property Details for 1921 Superior St

Year built

1979

Construction

STEEL FRAME

Lot size

0.43 AC

Property size (Sq ft)

5,040 SF

Property type

Office properties

APN

40882601480014

APU

40882601480014

Description

This single-story, 5,040-square-foot executive office building is available for sale at $275,000 ($54.56/SF). Located at 1921 Superior Street in Webster City, Iowa, this property boasts 40 parking spaces and is conveniently situated less than a mile from State Highway 20. Built in 1979, the building features private offices, a conference room, and a large breakroom/kitchen area. Real estate taxes are $1.09 per square foot. The property is currently vacant, presenting an excellent opportunity for immediate occupancy. Its prime location offers easy access to numerous amenities and businesses, including McDonald's, the Hamilton County Courthouse, Bomgaars, Van Diest Medical Center, and O'Reilly Auto Parts. This well-maintained building provides a functional and comfortable workspace, ideal for a variety of businesses. The ample parking ensures convenient access for employees and clients. This is a rare opportunity to acquire a substantial office building in a thriving Iowa community. The property is ready for immediate use, allowing for a quick start to operations.

• CAP approach

  CAP return

  Valuation

  6%

  $829,640

  6.5%

  $765,821

  7%

  $711,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,242

  Geo Method

  $257,242

• Alternative Use

  Use

  Valuation

  Residential

  $949,618

  Hospitality

  $869,845

  Educational

  $723,701

  Medical

  $748,590

  Retail

  $1,125,757

Location Insight

City

Webster City

County

Hamilton

State

Iowa

Latitude

42.4579

Longitude

-93.8164

Property Tax & Assessments

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