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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Retail space
1005 Okoboji Vw Ave Okoboji, IA 51355-7733
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US25-1495541
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
19,929 SF
Lot
1.18 ac (51,444 SF)
APN
717376019
UPID
US25-1495541
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SmarterHome.ai - Compare Local Internet Deals Telecommunications Service Data Center
-
Snook's of Okoboji Home Decor Store Department Store
-
Okoboji Wholesale Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$260k
Owner & transaction history
William J Adams JR · 3 yrs held
William J Adams JR
since 2023
Last sale
$295,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Okoboji submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okoboji submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$260,000
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$260k
Range $234k – $286k · ±10% · vs last sale $295k (Feb 28 2023)
Last sale anchor
$295k
Feb 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$13 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,990
Tax year 2023
Assessed value
$1,549,700
Assessed 2024
Previous assessed
$1,549,700
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$299,900
Assessed improvement
$1,249,800
Land market value
$299,900
Improvement market value
$1,249,800
Total market value
$1,549,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Stories
1
Total area
19,929 SF
Lot
1.18 ac (51,444 SF)
APN
717376019
UPID
US25-1495541
Jurisdiction
DICKINSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
William J Adams JR
Individual
Mailing address
1005 OKOBOJI VW AVE, OKOBOJI, IA 51355-7733
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
—
William J Adams JR
Us Small Business Administration
Quit Claim Deed
related
—
Oct 19, 2022
—
William J Adams JR
—
Deed
related
$400,000 · Farmers Savings Bank
Oct 12, 2017
—
William J Adams JR
—
Deed
related
$589,975 · Leighton State Bank
Jul 3, 2017
—
William J Adams JR
—
Deed
related
$484,000 · Black Hawk Economic Development INC
May 16, 2016
—
William J Adams JR
—
Deed
related
$570,000 · Leighton State Bank
Jul 2, 2015
$185,000
Leo Parks JR
Nancy I Hammond
Warranty Deed
—
Jul 1, 2014
$295,000
Nancy L Hammond
Brett A Parks
Warranty Deed
$196,000 · Northwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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