135 80th St 1, Fairfax, IA 52228
Linn County
Key Facts
Description
Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.
Property Information
Property Type
Commercial Sale
Year Built
2010
Lot Size
0.69 acres
Zoning
C-2
MLS® Listing#
202506981
Property Features
Cooling
Heating
Flooring
Construction
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$7,230
Tax year 2024
Parcel Number
20102-52013-01000
Directions
Hwy 151/Williams Blvd into Fairfax, turn South on 80th Street SW, property is on your left.
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fairfax, IA
- $425,000
- Median Listing Price
- 65
- Median Days on Market
- 2,308
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 20
- Active Listings
- This home’s price is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fairfax, IA.
Location
Points of Interest in Fairfax, IA
Showing the Fairfax area map.
Nearby Schools
Coolidge Elementary School
Elementary · 3.1 mi away
Van Buren Elementary School
Elementary · 3.7 mi away
Champions at van Buren Elementary School
Elementary · 3.7 mi away
Truman Elementary School
Elementary · 3.8 mi away
Share and Care Preschool
School · 3.8 mi away
Hoover Elementary School
Elementary · 3.9 mi away
Taft Middle School
Secondary · 3.9 mi away
Holy Family School System
School · 4.0 mi away
St Jude Elementary School
Elementary · 4.0 mi away
Lasalle Catholic
School · 4.0 mi away
Jefferson High School
Secondary · 4.6 mi away
Cleveland Elementary School
Elementary · 4.7 mi away
Champions at Maple Grove Elementary School
Elementary · 4.8 mi away
Jackson Elementary School
Elementary · 4.8 mi away
Madison Elementary School
Elementary · 5.2 mi away
Trinity Lutheran School
Elementary · 5.2 mi away
Roosevelt Middle School
Secondary · 5.4 mi away
Taylor Elementary School
Elementary · 5.7 mi away
Prairie Pointe Middle School
School · 5.7 mi away
Champions at Grant Elementary School
Elementary · 5.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 831 Heartland Court, Fairfax, IA | $330,000 | 4 | 3 | 2,229 |
| 569 Meadow Oak Circle, Fairfax, IA | $345,000 | 3 | 3 | 2,098 |
| 565 Meadow Oak Circle, Fairfax, IA | $350,000 | 3 | 3 | 2,098 |
| 567 Meadow Oak Circle, Fairfax, IA | $355,000 | 3 | 3 | 2,131 |
| 1418 Cardinal Drive, Fairfax, IA | $425,000 | 3 | 3 | 2,209 |
| 452 Sunset Drive, Fairfax, IA | $449,950 | 4 | 3 | 3,007 |
Moving Cost Estimate
EXIT Agents in Fairfax
Listing Courtesy: GLD Commercial Real Estate Advisors - 3197313410
Presented by: Angie Glick