Financial
Distress signals
Property profile

328 Grand Ave Spencer, IA 51301

OFF-MARKET
Office buildings
Property ID
US25-0709398
4,118 SF 0.11 ac lot Built 1963
Last sale Feb 2021 · $140,000
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. 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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$220k
Assessed land$61k
Assessed improvement$159k
Effective rate2.25%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$130k

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Realty agency12.3
Parking Facility11.4

Location

328 Grand Ave Spencer, IA 51301-4141
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
2311 18th, Spencer, IA 51301-2631 $240,000 Jan 2025 4,032 SF
521 Grand, Spencer, IA 51301-5333 $300,000 Sep 2023 2,448 SF
2303 18th, Spencer, IA 51301-2629 $145,000 Sep 2020 2,628 SF
607 1st W, Spencer, IA 51301-3915 $115,000 Feb 2019 3,768 SF
115 Grand, Spencer, IA 51301-4224 $90,000 Dec 2018 3,906 SF
212 7th, Spencer, IA 51301-3703 $70,000 Nov 2018 4,056 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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