Financial
Distress signals
Property profile

413 E Main St Central City, IA 52214

FOR SALE
Retail space
Property ID
US25-0374835
890 SF 0.02 ac lot Built 1891
Last sale Nov 2020 · $67,500
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in the historic district of Central City and is configured as a retail-facing space with large storefront windows and frontage on a street with on-street parking directly in front of the building. The interior layout includes a reception area, two private rooms, one restroom, and a back patio, along with a dry basement that is suited for storage. Recent capital and maintenance work includes new flooring, fresh interior and exterior paint, and roof patching and sealing.…

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 · 2022

What does the county charge?
$984
Tax billed · 2022
Assessed value · 2023$67k
Assessed land$4k
Assessed improvement$63k
Effective rate1.47%

Value estimate

· Sep 2026
$70k
$63k – $77k
NOI build-up
Gross scheduled income$7k
Vacancy & credit loss−$2k
Operating expenses−$1k
NOI · 5.31% cap applied$4k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$41 – $123

Cap rate analysis

How does the asset earn?
5.31%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.4
Electrical Service9.3
Dental Office9.0

Location

413 E Main St Central City, IA 52214
County assessor Recorded deeds · 5 transfers 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

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Maple, Central City, IA 52214-9701 $160,000 Jun 2025 3,192 SF
445 Marion N, Central City, IA 52214-7776 $1,050,000 Jul 2024 9,170 SF
417 Main, Central City, IA 52214-7736 $80,000 Feb 2021 1,610 SF
340 Main, Central City, IA 52214-9494 $55,000 Jan 2019 3,440 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?”
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