Financial
Distress signals
Property profile

338 State St Garner, IA 50438

FOR SALE
Retail space
Property ID
US25-1460479
1,220 SF 0.06 ac lot Built 1900
Last sale Dec 2021 · $35,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,220 square foot retail property, located at 338 State Street in Garner, Iowa, presents a fantastic opportunity for business owners seeking a move-in ready space. Recently renovated, the property boasts a fresh coat of paint and brand new flooring throughout. The open-concept design provides maximum flexibility for a variety of retail or office uses, allowing for efficient layout and customization to suit individual business needs. The space is bright and welcoming,…

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?
$784
Tax billed · 2022
Assessed value · 2023$41k
Assessed land$9k
Assessed improvement$32k
Effective rate1.91%

Value estimate

· Sep 2026
$85k
$77k – $94k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionHANCOCK

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 agency12.4
Pharmacy9.9
Spa & Massage9.2

Location

338 State St Garner, IA 50438
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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
355 State, Garner, IA 50438-1236 $30,000 May 2025 3,356 SF
390 State, Garner, IA 50438-1237 $85,000 Aug 2024 5,457 SF
360 State, Garner, IA 50438-1237 $50,000 Aug 2022 5,567 SF
150 Us Hwy 18, Garner, IA 50438-1064 $739,000 Jan 2022 14,400 SF
180 Us Hwy 18, Garner, IA 50438-1064 $1,059,000 Dec 2021 9,020 SF
375 State, Garner, IA 50438-1236 $15,000 Nov 2018 4,281 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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