2510 Central AveEstherville, IA 51334

Property Details for 2510 Central Ave

Year built

1980

Lot size

0.42 AC

Property size (Sq ft)

3,840 SF

Property type

Drive through restaurants

APN

513100050

APU

513100050

Description

Del Monte Center presents a compelling retail investment opportunity in Contra Costa County. This well-maintained neighborhood shopping center, totaling 44,414 square feet, features a single-tenant occupancy with 13,793 square feet currently vacant. Renovated in 2013, the center benefits from a local grocery anchor, ensuring consistent foot traffic and a strong tenant base. Strategically located in a densely populated area, with 14,473 residents within a one-mile radius, the center enjoys exceptional visibility and accessibility. Situated at a four-way signalized intersection, it boasts impressive daily traffic counts exceeding 25,000 vehicles. The property offers excellent signage opportunities, including pylon and monument signage, maximizing brand exposure. Convenient ingress and egress is provided at three points, enhancing customer convenience. Furthermore, its proximity to Highway 80 provides easy access for both northbound and southbound traffic, expanding its market reach. This property represents a rare chance to acquire a well-positioned retail space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $929,196

  6.5%

  $857,720

  7%

  $796,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $493,904

  Geo Method

  $493,904

• Alternative Use

  Use

  Valuation

  Residential

  $723,519

  Hospitality

  $662,739

  Educational

  $551,391

  Medical

  $570,354

  Retail

  $857,720

Location Insight

City

Estherville

County

Emmet

State

Iowa

Latitude

43.3989

Longitude

-94.8104

Property Tax & Assessments

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