Entity Owned Property summary
This exceptional 26,200 square foot retail strip center presents a compelling investment opportunity in Keokuk, Iowa. Situated on a 1.95-acre lot at 1220 Main Street, this property boasts excellent visibility and accessibility, located on a major commercial thoroughfare (Highways 218 and 61) with 12,100 vehicles passing daily. Currently housing two long-term tenants, Goodwill Industries and Rent-A-Center, generating a net operating income (NOI) of $88,152, the property offers immediate cash… flow. One 7,000 square foot unit is available for lease, presenting a significant opportunity to increase NOI to an estimated $137,000 through market-rate leasing at $8 per square foot. The property features recent renovations (2015), including a new roof, updated mechanical systems, and a recently resurfaced parking lot with 144 spaces. The functional design includes 13'8" ceiling heights, three bay doors, and a flexible layout suitable for a variety of retail or service-based businesses. Its prime location across from Walgreens and near Highway 136 ensures strong regional draw from Iowa, Illinois, and Missouri, solidifying its position as a key retail destination in Lee County's primary economic hub. This property offers a unique blend of stability, growth potential, and strategic location, making it an ideal investment. The asking price is $850,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 26,119 SF
- Lot area
- 1.95 ac
- Year built
- 1957
- Stories
- 1
- APN
- 04-45-21-25-183-0090
- Assessed value · 2024
- $476,250
- Annual tax · 2023
- $19,142
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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