Financial
Distress signals
Property profile

1031 Wade St Iowa City, IA 52240

OFF-MARKET
Commercial real estate
Property ID
US25-1498934
2,684 SF 0.26 ac lot Built 1969
Last sale Jan 2023 · $485,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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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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?
$12k
Tax billed · 2023
Assessed value · 2024$410k
Assessed land$78k
Assessed improvement$331k
Effective rate2.94%

Value estimate

· Sep 2026
$500k
$450k – $550k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$94/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$52 – $163

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.

JurisdictionJOHNSON

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 agency37.7
Law Firm31.8
Restaurant24.4

Location

1031 Wade St Iowa City, IA 52240-6603
County assessor Recorded deeds · 4 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1216 Gilbert, Iowa City, IA 52240-4529 $300,000 Aug 2024 4,000 SF
2071 Gilbert St, Iowa City, IA 52240-4313 $220,000 Feb 2024 2,040 SF
1700 1st Ave, Iowa City, IA 52240-6036 $135,000 Nov 2023 3,610 SF
327 1st, Iowa City, IA 52240-4703 $209,500 Sep 2023 2,640 SF
111 Stevens, Iowa City, IA 52240-4360 $835,000 Sep 2023 3,750 SF
2875 Commerce, Iowa City, IA 52240-7212 $1,918,500 Oct 2022 3,105 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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