Financial
Distress signals
Property profile

101 5th St Spencer, IA 51301

OFF-MARKET
Office buildings
Property ID
US25-0653340
16,875 SF 0.98 ac lot Built 1959
Last sale Apr 2019 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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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

What does the county charge?
Assessed value · 2024$2.09M
Assessed land$102k
Assessed improvement$1.99M

Value estimate

· Sep 2026
$1.03M
$923k – $1.13M

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?
CBD CENTRAL B
JurisdictionCLAY

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 agency26.8
Restaurant21.7
Law Firm19.9

Location

101 5th St Spencer, IA 51301-3821
County assessor Recorded deeds · 1 transfer 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 4th, Spencer, IA 51301-3858 $350,000 May 2024 14,640 SF
502 Southmoor, Spencer, IA 51301-5652 $912,500 Mar 2024 8,272 SF
215 Grand, Spencer, IA 51301-4122 $100,000 Oct 2023 13,062 SF
14 21st, Spencer, IA 51301-2209 $600,000 Oct 2021 10,560 SF
328 Grand, Spencer, IA 51301-4141 $140,000 Feb 2021 4,118 SF
505 2nd W, Spencer, IA 51301-3863 $495,000 Sep 2020 7,174 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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