Office for Sale in Independence, IA

  • Price: $145K
  • Listing type: For sale
  • Asset type: Office
  • Location: Independence, IA 50644
  • Size: 1,872 SF
  • Year built: 1975

Description

LockardWaters, 819 1st St. E. Aerial MLS Sheet Traffic Map

Market Context

This office in Independence, IA is listed for sale at $145,000 across 1,872 SF. The building dates to 1975. It has been on the market for 42 days. Compare it against other office listings for sale in Independence, IA — <a href="/search/sale/office/iowa/independence">view the full market</a>.

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: Consensus Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Cleveland office market tightening or softening?
Vacancy is around 26.9% (Q1 2026).

Unified Estimate

Very Low Confidence

$17.72/SF – $23.97/SF

Mid: $20.85/SF

Total estimate for 1,872 SF: $39,031

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market minneapolis (similarity: 99%) with 7 comparable listings.

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