1914 Edgington AveEldora, IA 50627

  • Drive through restaurants
  • 3,280 SF
For Sale
$265,000 View listing

Property Details for 1914 Edgington Ave

Year built
1983
Construction
FRAME
Lot size
0.46 AC
Property size (Sq ft)
3,280 SF
Property type
Drive through restaurants
APN
871907254009
APU
871907254009

Description

This exceptional 3,280 square foot retail building presents a remarkable opportunity for entrepreneurs in Eldora, Iowa. Located at 1914 Edgington Avenue, this property sits on a 0.46-acre lot and offers a large, dedicated parking area for customer convenience. Previously occupied by a restaurant, the building boasts a flexible interior layout, providing a blank canvas for customization to suit a variety of business needs. Its prime location ensures high visibility and significant foot traffic, making it an ideal space for restaurants, cafes, or other retail establishments seeking a thriving community setting. The property's expansive size allows for ample room for operations and potential expansion. All interior contents will be auctioned separately at a later date, presenting a unique chance to acquire valuable assets. This turnkey property is ready for immediate occupancy and offers a strong foundation for a successful business venture in a growing market. The asking price for this exceptional opportunity is $265,000. Don't miss this chance to establish your business in this desirable Eldora location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $793,688
    6.5%
    $732,636
    7%
    $680,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $421,876
    Geo Method
    $421,876
  • Alternative Use

    Use
    Valuation
    Residential
    $618,006
    Hospitality
    $566,090
    Educational
    $470,980
    Medical
    $487,178
    Retail
    $732,636

Location Insight

City
Eldora
County
Hardin
State
Iowa
Latitude
42.3608
Longitude
-93.1076

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$325
$22,570
$314,100
$336,670
-
$22,570
$314,100
$336,670

FAQs

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