3370 Asbury RdDubuque, IA 52002

Property Details for 3370 Asbury Rd

Year built

1925

Construction

FRAME

Lot size

0.53 AC

Property size (Sq ft)

4,126 SF

Zone code

CI

Property type

Office buildings

APN

10-21-227-054

APU

1021227054

Description

This exceptional 4,698 square foot office building, located at 3370 Asbury Rd in Dubuque, Iowa, presents a unique investment opportunity. Built in 1925 with renovations in 1970 and 1980, this three-story building sits on a 0.53-acre lot and boasts 31 parking spaces. The property is zoned C-2, offering diverse potential uses. The interior features a thoughtfully designed layout including two conference rooms, eight private offices, twenty-five cubicle workspaces, a kitchen/break room, and three bathrooms. A climate-controlled server room ensures optimal technological functionality. Employees will appreciate the inviting patio and outdoor space. The building's prominent location on Asbury Road, across from Natural Grocers and Dutrac Credit Union, provides excellent visibility and accessibility. All existing office furniture is included, making this a truly turnkey operation. Available for occupancy August 23, 2024. The asking price is $680,000, translating to $144.74 per square foot. APN: 1021227054.

• CAP approach

  CAP return

  Valuation

  6%

  $744,998

  6.5%

  $687,691

  7%

  $638,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $418,885

  Geo Method

  $537,412

• Alternative Use

  Use

  Valuation

  Residential

  $852,736

  Hospitality

  $781,102

  Educational

  $649,868

  Medical

  $672,218

  Retail

  $1,010,905

Location Insight

City

Dubuque

County

Dubuque

State

Iowa

Latitude

42.5133

Longitude

-90.7221

CBSA code

20220

CBSA name

DUBUQUE, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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