2901 BroadwayCouncil Bluffs, IA 51501

Property Details for 2901 Broadway

Year built

1965

Lot size

0.26 AC

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

7543 19 128 013

APU

754319128013

Description

This 3,500 square foot single-tenant retail property is located at 2901 W Broadway in Council Bluffs, Iowa, zip code 51501. The building offers direct access to West Broadway, a major thoroughfare boasting a high volume of vehicular traffic (25,176 vehicles per day). Its strategic location provides convenient access to Downtown Omaha, a mere 5-minute drive away. The property's exceptional location is further underscored by its performance metrics: it's ranked as the top-performing Walgreens and the second-highest performing McDonald's in the entire state of Iowa, according to Placer.ai data. This data highlights the significant potential for success for a variety of retail businesses. The property is suitable for a variety of uses, including quick-service restaurants (QSR), office space, and banking facilities. The building's single-tenant occupancy provides a streamlined and efficient operational environment. This presents a unique opportunity for businesses seeking a high-visibility location with proven success in a thriving market. The property's size and location make it an ideal investment for businesses looking to establish or expand their presence in the Council Bluffs area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,778,511

  6.5%

  $1,641,702

  7%

  $1,524,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $578,079

  Geo Method

  $578,079

• Alternative Use

  Use

  Valuation

  Residential

  $2,035,711

  Hospitality

  $1,864,700

  Educational

  $1,551,409

  Medical

  $1,604,764

  Retail

  $2,413,302

Location Insight

City

Council Bluffs

County

Pottawattamie

State

Iowa

Latitude

41.2889

Longitude

-95.8344

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].