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Property profile & analytics
OFF-MARKET
Gas stations
101 6th St Madrid, IA 50156-1601
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US25-1372828
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1935
Total area
921 SF
Lot
0.18 ac (7,760 SF)
Zoning code
INC
APN
88226361486014
UPID
US25-1372828
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
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
Bryan Bros Homes LLC · 6 yrs held
Bryan Bros Homes LLC
since 2020
Last sale
$80,000
3 recorded transactions
Zoning & alternative use
INC · Madrid, IA
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 Madrid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madrid 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
$1,304
Tax year 2023
Assessed value
$69,200
Assessed 2024
Previous assessed
$69,200
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$15,746
Assessed improvement
$53,454
Land market value
$15,746
Improvement market value
$53,454
Total market value
$69,200
Applied tax rate
820.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1935
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
921 SF
Lot
0.18 ac (7,760 SF)
Zoning code
INC
APN
88226361486014
UPID
US25-1372828
Jurisdiction
BOONE
Zoning & alternative use
INC · Madrid, IAZoning INC · permitted uses
INC · Madrid, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MODEL CODE OF ORDINANCES
Building & site characteristics
From public records
Year built
1935
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Bryan Bros Homes LLC
Entity
Mailing address
126 E 3RD ST, MADRID, IA 50156-1308
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
$58,000
Bryan Bros Homes LLC
Zachary Dalton
Warranty Deed
$43,500 · Midland Cu
Jan 22, 2020
—
Bryan Bros Homes LLC
—
Deed
related
$43,500 · Midland Cu
Aug 29, 2005
$15,000
Zachary Dalton
Vernita Martin
Warranty Deed
$12,000 · City State 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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