Financial
Distress signals
Property profile

500 Fremont St Shenandoah, IA 51601

OFF-MARKET
Grocery and convenience stores
Property ID
US25-1518714
30,340 SF Built 1978
Last sale Jun 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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

Commercial space available for leasing on the main highway in Shenandoah, Iowa, configured to support multiple unit sizes within the property. The building is offered under a triple net lease structure, indicating that tenant responsibilities typically include expenses such as property-related operating costs, taxes, and insurance, while the space itself is sized on a per-square-foot basis.

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?
$53k
Tax billed · 2023
Assessed value · 2024$1.55M
Assessed improvement$1.55M
Effective rate3.40%

Value estimate

· Sep 2026
$1.55M
$1.39M – $1.70M

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.

JurisdictionFREMONT

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 agency13.9
Law Firm10.8
Parking Facility10.7

Location

500 Fremont St Shenandoah, IA 51601-1508
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
604 Sheridan, Shenandoah, IA 51601-1708 $70,000 Apr 2025 6,720 SF
910 Thomas, Shenandoah, IA 51601-1649 $40,000 Jan 2024 3,245 SF
714 Sheridan, Shenandoah, IA 51601-1742 $39,725 Jul 2022 3,097 SF
700 Fremont, Shenandoah, IA 51601-2101 $300,000 Mar 2022 3,720 SF
603 Lowell, Shenandoah, IA 51601-1141 $35,000 Oct 2020 8,400 SF
800 Ferguson, Shenandoah, IA 51601-1113 $142,000 Jan 2020 6,900 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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