Individually Owned Property summary
This exceptional commercial property at 209 W Montgomery Street in Creston, Iowa, presents a unique investment opportunity. Boasting a substantial 7,566 square feet of space, this solid freestanding brick building offers significant versatility. The main level encompasses a generous 3,486 square feet, ideal for a variety of commercial uses. A partially finished lower level provides additional space, while the unfinished upper level is perfectly suited for conversion into residential… apartments, subject to necessary permits and approvals. Recent improvements include a new heating system and the installation of a sump pump, enhancing both functionality and value. The roof features a durable rubber membrane. The property includes several convenient off-street parking spaces located at the rear of the building, adjacent to a loading dock. Additional parking is readily available in a nearby city parking lot, just half a block away. The main level offers zero-entry accessibility. The building is being sold "as is," with only fixed items included. This property's combination of size, location, and recent updates makes it an attractive proposition for savvy investors seeking a versatile commercial space with significant upside potential in a thriving Iowa community. The 0.11-acre lot provides ample space for the building and parking.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,390 SF
- Lot area
- 0.11 ac
- Year built
- 1904
- Stories
- 2
- APN
- 501457006
- Assessed value · 2024
- $48,410
- Annual tax · 2023
- $926
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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