Financial
Distress signals
Property profile

109 1St Ave Rock Rapids, IA 51246

FOR SALE
Retail space
Property ID
US25-1801388
2,376 SF 0.14 ac lot Built 1920
Last sale Aug 2023 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Luxe on First is a renovated street-level storefront retail property with large display windows and a modern black-and-white exterior. The building features custom exterior signage and has been updated with boutique-style lighting and modern interior finishes suitable for retail use. The property is located in a downtown commercial area with visibility to pedestrian traffic. It is zoned for commercial use and has potential for multi-use retail. The lot size is approximately 0.14 acres, and the…

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?
$1k
Tax billed · 2023
Assessed value · 2024$154k
Assessed land$14k
Assessed improvement$140k
Effective rate0.90%

Value estimate

· Sep 2026
$150k
$135k – $165k
AI approach$145k

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

What can be built here?
COMM-SMALL BUSINESS
JurisdictionLYON

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 agency15.7
Dental Office13.0
Wholesale Shop11.9

Location

109 1St Ave Rock Rapids, IA 51246
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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
220 1st, Rock Rapids, IA 51246-1504 $98,000 Jun 2024 4,000 SF
302 1st, Rock Rapids, IA 51246 $100,000 Jan 2023 7,139 SF
100 Smith, Rock Rapids, IA 51246-1767 $140,000 Jan 2021 4,800 SF
110 Story, Rock Rapids, IA 51246-1526 $38,500 Feb 2020 3,315 SF
216 1st, Rock Rapids, IA 51246-1504 $60,000 Nov 2018 4,000 SF
111 1st, Rock Rapids, IA 51246-1501 $36,000 Nov 2018 1,360 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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