Financial
Distress signals
Property profile

400 State St Algona, IA 50511

OFF-MARKET
Flex space
Property ID
US25-0501076
5,097 SF 0.4 ac lot Built 1969
Last sale May 2020 · $240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2023
Assessed value · 2024$304k
Assessed land$50k
Assessed improvement$254k
Effective rate2.43%

Value estimate

· Sep 2026
$215k
$194k – $237k
AI approach$260k

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.

JurisdictionKOSSUTH

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 agency13.2
Pharmacy11.2
Law Firm10.6

Location

400 State St Algona, IA 50511-2740
County assessor Recorded deeds · 4 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1801 Oak, Algona, IA 50511-1947 $478,000 Dec 2021 9,600 SF
1015 Main, Algona, IA 50511-1817 $440,000 Sep 2021 9,312 SF
901 Main, Algona, IA 50511-1815 $179,500 Jul 2020 2,786 SF
2218 Hwy 169th N, Algona, IA 50511 $60,000 Nov 2019 5,700 SF
1916 Oak, Algona, IA 50511 $350,000 Aug 2019 4,320 SF
1414 Commercial, Algona, IA 50511-1922 $120,000 Mar 2019 3,240 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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