Financial
Distress signals
Property profile

115 N 2Nd Ave E Newton, IA 50208

FOR SALE
Commercial real estate
Property ID
US25-1896884
0.4 ac lot Built 1939
Last sale Jul 2024 · $58,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$194k
Assessed land$55k
Assessed improvement$139k
Effective rate2.61%

Value estimate

· Sep 2026
$60k
$54k – $66k
AI approach$60k
NOI build-up
Gross scheduled income$320k
Vacancy & credit loss−$64k
Operating expenses−$64k
NOI · 147.73% cap applied$192k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
147.73%
$192k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJASPER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.6
Law Firm16.9
Wholesale Shop13.2

Location

115 N 2Nd Ave E Newton, IA 50208
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1301 1st E, Newton, IA 50208-4004 $112,000 Sep 2024 No data
2301 1st E, Newton, IA 50208-4202 $225,000 Apr 2024 No data
1311 1st E, Newton, IA 50208-4004 $42,000 Oct 2022 384 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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