1661 Boyson Square DrHiawatha, IA 52233

Property Details for 1661 Boyson Square Dr

Year built

2012

Lot size

6.19 AC

Property size (Sq ft)

15,470 SF

Property type

Office properties

APN

11-32-3-27-017-0-1011

APU

113232701701011

Description

This exceptional commercial property, located at 1661 Boyson Sq Drive Unit 200-A in Hiawatha, Iowa, presents a unique investment opportunity. Situated on a substantial 6.19-acre lot, this office building offers significant potential for expansion or redevelopment. The property's address is conveniently located within Hiawatha, providing easy access to major transportation routes and local amenities. While the precise square footage of the building is currently unavailable, the expansive land area suggests a considerable footprint. The property's current use is designated as office space, making it ideal for a variety of businesses seeking a prominent location with ample room for growth. The asking price for this property is currently being determined. Given the size of the lot and the strategic location in Hiawatha, IA, this property represents a compelling opportunity for businesses seeking a substantial presence in a thriving community. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the full potential of this remarkable commercial property. The absence of a listed square footage does not diminish the significant value and potential offered by this substantial land holding. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,546,532

  6.5%

  $2,350,645

  7%

  $2,182,742

• Comparable approach

  Method

  Valuation

  Relative Method

  $789,589

  Geo Method

  $789,589

• Alternative Use

  Use

  Valuation

  Residential

  $2,914,800

  Hospitality

  $2,669,941

  Educational

  $2,221,360

  Medical

  $2,297,756

  Retail

  $3,455,449

Location Insight

City

Hiawatha

County

Linn

State

Iowa

Latitude

42.0434

Longitude

-91.6962

CBSA code

16300

CBSA name

CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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