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Property profile & analytics
OFF-MARKET
Retail space
113 Broadway St Carson, IA 51525-4412
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0195089
Property summary
AI-generated overview
This exceptional storefront opportunity in downtown Carson, Iowa presents a fully renovated 1,200-2,000 square foot retail space, perfect for immediate occupancy. Located at 113 Broadway St, Carson, IA 51525, this property boasts high visibility and convenient client access. Recent renovations include a brand new roof, ensuring long-term durability and protection. The interior features a flexible layout designed for optimal functionality. A dedicated office space provides a private area for administrative tasks, complemented by a convenient half bathroom for staff and customers. The spacious main area offers ample room for customization, allowing businesses to tailor the space to their specific needs and create a welcoming atmosphere. The modern updates throughout create a professional and inviting environment, ready to welcome your business. This is an unparalleled chance to establish a thriving business in a prime location within Pottawattamie County. The asking price for this turnkey retail space is $125,000.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
2,400 SF
Lot
0.07 ac (3,049 SF)
APN
7440 02 351 005
UPID
US25-0195089
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
-
Rafter B Boudoir Photography Service (Bike/Boat/Book/etc) Store
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
Cody M Bourrette · 3 yrs held
Cody M Bourrette
since 2023
Last sale
$55,000
1 recorded transaction
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 Carson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson 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
$1,571
Tax year 2023
Assessed value
$23,800
Assessed 2024
Previous assessed
$18,800
+26.6% YoY
Effective rate
6.60%
On assessed value
Assessed land
$3,900
Assessed improvement
$19,900
Land market value
$3,900
Improvement market value
$19,900
Total market value
$23,800
Applied tax rate
14.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
2,400 SF
Lot
0.07 ac (3,049 SF)
APN
7440 02 351 005
UPID
US25-0195089
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
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Cody M Bourrette
Individual
Mailing address
2751 140TH ST, VILLISCA, IA 50864-6930
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
$55,000
Cody M Bourrette
Bassel El Kasaby
Warranty Deed
$60,000 · Bank Iowa
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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