421 BroadwayCouncil Bluffs, IA 51503

  • Office buildings
  • 1,885 SF
For Lease
$150/SF/YR View listing

Property Details for 421 Broadway

Year built
1955
Lot size
0.19 AC
Property size (Sq ft)
1,885 SF
Zone code
C-3
Property type
Office buildings
APN
7543 30 302 004
APU
754330302004

Description

This exceptional office space in the heart of Council Bluffs, Iowa, presents a unique opportunity for businesses seeking a prestigious address. Located at 421 W Broadway, this five-story building offers a blend of executive and traditional office suites within a professional environment. The building boasts a desirable tenant mix, including established businesses like US Bank and Pechacek Law, creating a thriving and reputable business community. Individual suites range from a minimum of 874 square feet to a maximum contiguous space of 1,920 square feet, providing flexibility for businesses of various sizes. Currently, one space is available for lease, offering a chance to establish a presence in this vibrant downtown location. The building's central location provides convenient access to local amenities and major transportation routes, making it an ideal choice for startups, small businesses, or those seeking to relocate. The ownership is committed to offering flexible lease terms to accommodate individual business needs. This property in Pottawattamie County, Iowa, zip code 51503, offers a compelling combination of location, amenities, and adaptable lease options. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $323,899
    6.5%
    $298,983
    7%
    $277,627
  • Comparable approach

    Method
    Valuation
    Relative Method
    $96,210
    Geo Method
    $96,210
  • Alternative Use

    Use
    Valuation
    Residential
    $370,739
    Hospitality
    $339,595
    Educational
    $282,539
    Medical
    $292,256
    Retail
    $439,505

Location Insight

City
Council Bluffs
County
Pottawattamie
State
Iowa
Latitude
41.265
Longitude
-95.8407
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

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
$5,810
$82,400
$140,400
$222,800
-
$82,400
$140,400
$222,800

FAQs

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