This exceptional retail opportunity is located within the thriving Lake Manawa Power Centre in Council Bluffs, Iowa. Situated at the high-traffic intersection of Interstates 29 and 80, this strip center enjoys unparalleled visibility and accessibility. Two spaces are currently available, ranging from 1,400 to 2,520 square feet, perfect for a variety of retail uses. The center boasts a strong tenant mix, including major anchors such as Office Max, Walmart, Sam's Club, Harbor Freight, and Home Depot, ensuring high foot traffic and a robust customer base. The surrounding area is densely populated with additional restaurants and retail establishments, creating a synergistic and thriving commercial environment. Smaller tenants currently occupying the center include Sally Beauty, H&R Block, HuHot Mongolian Grill, and CPR Cell Phone Repair, further enhancing the diverse appeal of this location. The property sits on a substantial 1,385-acre lot, providing ample parking and room for expansion. This is an exceptional opportunity to establish or expand your business in a prime location with excellent visibility and convenient interstate access. The total building square footage is not currently available. Contact us today to learn more about this exciting retail space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,708,430
6.5%
$3,423,166
7%
$3,178,654
Comparable approach
Method
Valuation
Relative Method
$1,463,576
Geo Method
$1,463,576
Alternative Use
Use
Valuation
Residential
$2,887,568
Hospitality
$2,644,997
Educational
$2,200,606
Medical
$2,276,289
Retail
$3,423,166
Location Insight
City
Council Bluffs
County
Pottawattamie
State
Iowa
Latitude
41.2293
Longitude
-95.8482
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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