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    420 E Main St Sac City, IA 50583

    For Sale
    $648,000

    Freestanding 9,014 SF building on 1.41 acres for sale.

    Property size:
    9,014 SF
    Lot size:
    1.41 Acres

    Property Features for 420 E Main St

    General Information

    Size
    9,014 SF
    Lot size
    1.41 Acres

    Source: CBRE Agent Michael A Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sac City Retail Investment Property

    This freestanding 9,014 square foot retail building is located on Main Street in Sac City, Iowa, just south of Highway 20. Situated on a 1.41-acre lot, the property is west of downtown Sac City. Constructed in 2004 and remodeled in 2023, the property is currently occupied by Dollar General. The property is secured with a recently renewed NN+ lease, featuring percentage rent and minimal landlord responsibilities. The tenant reimburses the landlord for property taxes and parking lot maintenance. The lease expires on 9/30/29. The location is highly visible. The property can be used as an investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sac County Abstract ... Title Company Green Real Estate ... Auction House FedEx OnSite Mailing Service Western Union Money Transfer Service Dollar General Beauty Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sac City
    County
    Sac
    State
    Iowa
    Longitude
    -94.9800426
    Latitude
    42.4214142

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    FAQs

    What type of property is this?
    Grocery and convenience store - Freestanding 9,014 SF building on 1.41 acres for sale.
    Where is this grocery and convenience store located?
    The property is located at 420 E Main St Sac City, IA.
    What is the asking price?
    The asking price for this property is $648,000.
    What are key features of this property?
    This property features: - NN+ lease with percentage rent and minimal landlord responsibilities, secured by Dollar General.; - Strong tenant: Dollar General, the nation's leading small community discount store, with $38.7B in annual sales in 2023.; - High visibility location on Main/255th Street, near Highway 20 in Sac City, Iowa.
    (515) 975-1112
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    420 E Main St Sac City, IA 50583
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    Sac City, IA 50583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 E Main St Sac City, IA 50583
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