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Property profile & analytics
OFF-MARKET
Retail space
101 4th St Neola, IA 51559-3130
Entity Owned
5-yr Hold
Free & Clear
Property ID
US25-0017053
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Lot
0.08 ac (3,485 SF)
APN
7742 24 464 018
UPID
US25-0017053
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
-
Unique Boutique Iowa Clothing & Fashion Store
-
JSP Real Estate LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Western Ia Agri Busn LLC · 5 yrs held
Western Ia Agri Busn LLC
since 2020
Last sale
$75,000
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 Neola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neola 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,759
Tax year 2023
Assessed value
$254,600
Assessed 2024
Previous assessed
$91,300
+178.9% YoY
Effective rate
0.69%
On assessed value
Assessed land
$7,800
Assessed improvement
$246,800
Land market value
$7,800
Improvement market value
$246,800
Total market value
$254,600
Applied tax rate
65.0000
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
1920
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
4
Lot
0.08 ac (3,485 SF)
APN
7742 24 464 018
UPID
US25-0017053
Jurisdiction
POTTAWATTAMIE
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
1920
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Western Ia Agri Busn LLC
Entity
Free & Clear · 5 yrs held
Mailing address
101 4TH ST STE #1, NEOLA, IA 51559-3139
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
—
Western Iowa Agri Business LLC
—
Deed
related
$450,000 · Shelby County State Bank
Jun 3, 2022
—
Western Iowa Agri Business LLC
—
Deed
related
$87,500 · Shelby County State Bank
May 12, 2021
—
Western Iowa Agri Business LLC
—
Deed
related
$220,000 · Shelby County State Bank
Sep 10, 2020
$75,000
Western Ia Agri Busn LLC
Sorenson Ents INC
Warranty Deed
—
Feb 2, 2018
—
Sorenson Ents INC
—
Deed
related
$320,000 · Logan St Bk
Feb 20, 2014
—
Sorenson Ents INC
Sorenson,soren P & Shelly R
Quit Claim Deed
related
—
Aug 19, 2010
$20,000
Randall P Ring
Brich,john H
Grant Deed
—
Jan 27, 2009
$12,500
John H Brich
Brich,francis J & Marlene E
Warranty Deed
related
—
—
—
Sorenson Ents INC
—
Deed Of Trust
related
$320,000 · Logan St Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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