Financial
Distress signals
Property profile

1318 2Nd St Perry, IA 50220

FOR SALE
Retail space
Property ID
US25-0051401
504 SF 0.08 ac lot Built 1931
Last sale Nov 2019 · $20,500
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$438
Tax billed · 2022
Assessed value · 2023$24k
Assessed land$9k
Assessed improvement$15k
Effective rate1.82%

Value estimate

· Sep 2026
$35k
$32k – $39k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$241
Operating expenses−$2k
NOI · 8.68% cap applied$5k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$48/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$19 – $76

Cap rate analysis

How does the asset earn?
8.68%
$5k 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.

JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.1
Dental Office12.2
Hair Salon12.0

Location

1318 2Nd St Perry, IA 50220
County assessor Recorded deeds · 6 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1620 Pattee, Perry, IA 50220-1444 $61,250 Jan 2026 724 SF
1304 2nd, Perry, IA 50220-1510 $76,000 May 2025 1,870 SF
410 1st, Perry, IA 50220-1901 $435,000 May 2025 2,000 SF
1228 2nd, Perry, IA 50220-1506 $60,000 Jun 2023 846 SF
1319 2nd, Perry, IA 50220-1511 $40,000 Oct 2020 1,125 SF
1115 141st, Perry, IA 50220-8126 $2,890,000 Jun 2020 1,992 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?”
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