Financial
Distress signals
Property profile

1420 1st St Cedar Falls, IA 50613

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0430223
4,128 SF 0.37 ac lot Built 1974
Last sale Jun 2021 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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

The property is a 2,400-square-foot convenience store and mini-mart built in 1978, located at 1420 West 1st Street on a commercial site. It is zoned C-1 (Neighborhood Commercial) and is configured for daily-needs retail use. The site fronts Iowa Highway 57, recording approximately 14,700 vehicles per day, and is situated near Hudson Road and the University of Northern Iowa campus, within a corridor serving commuters, students, local residents, and regional travelers. Historically, the property

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?
$21k
Tax billed · 2023
Assessed value · 2024$758k
Assessed land$370k
Assessed improvement$388k
Effective rate2.74%

Value estimate

· Sep 2026
$905k
$815k – $996k
AI approach$895k
CAP approach$675k

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.

JurisdictionBLACK HAWK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Pawn Shop9.9
Smoke and Vape Shop9.8

Location

1420 1st St Cedar Falls, IA 50613-2116
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Main, Cedar Falls, IA 50613-2622 $578,000 Feb 2025 2,879 SF
1620 1st, Cedar Falls, IA 50613-1763 $556,500 Jun 2023 4,587 SF
108 Main, Cedar Falls, IA 50613-2622 $550,000 Feb 2023 2,877 SF
307 Main, Cedar Falls, IA 50613-2720 $485,000 Apr 2021 4,246 SF
309 Main, Cedar Falls, IA 50613-2720 $340,000 Mar 2021 4,555 SF
702 Main, Cedar Falls, IA 50613-2951 $275,000 Aug 2020 2,806 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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