2730 5Th StCarter Lake, IA 51510

Property Details for 2730 5Th St

Year built

1976

Lot size

1.76 AC

Property size (Sq ft)

8,080 SF

Property type

Office buildings

APN

7544 20 252 008

APU

754420252008

Description

This exceptional 1,600 square foot flex space, located at 2730 N 5th Street in Carter Lake, Iowa, presents a unique opportunity for businesses seeking a versatile and conveniently located property. Built in 1976, the building boasts a 40' x 40' footprint and features a thoughtfully designed layout. The interior includes six individual offices, perfect for a team-based environment or independent professionals. A dedicated break room provides a comfortable space for employees to relax, while two restrooms ensure convenience. An open mezzanine area offers additional space for storage, work areas, or even a small showroom, depending on the tenant's needs. The property's single-tenant occupancy ensures privacy and control. Its strategic location in the heart of Carter Lake offers easy access to essential amenities and services. Furthermore, its proximity to Downtown Omaha and Eppley Airfield provides excellent connectivity for businesses requiring convenient access to major transportation hubs. This property is zoned for office and industrial use, making it suitable for a wide range of businesses. The property's zip code is 51510.

• CAP approach

  CAP return

  Valuation

  6%

  $1,167,232

  6.5%

  $1,077,445

  7%

  $1,000,485

• Comparable approach

  Method

  Valuation

  Relative Method

  $412,403

  Geo Method

  $412,403

• Alternative Use

  Use

  Valuation

  Residential

  $1,336,032

  Hospitality

  $1,223,798

  Educational

  $1,018,186

  Medical

  $1,053,203

  Retail

  $1,583,844

Location Insight

City

Carter Lake

County

Pottawattamie

State

Iowa

Latitude

41.2836

Longitude

-95.9239

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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