Financial
Distress signals
Property profile

114 N 2Nd Ave W Newton, IA 50208

FOR SALE
Turn key restaurants
Property ID
US25-1564743
5,808 SF 0.07 ac lot Built 1875
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$2k
Tax billed · 2023
Assessed value · 2024$103k
Assessed land$15k
Assessed improvement$88k
Effective rate1.95%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$16k
Operating expenses−$35k
NOI · 40.77% cap applied$59k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
40.77%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionJASPER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.6
Law Firm16.9
Wholesale Shop14.0

Location

114 N 2Nd Ave W Newton, IA 50208
County assessor Recorded deeds · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 2nd W, Newton, IA 50208-3246 $150,000 Jun 2024 5,808 SF
107 1st W, Newton, IA 50208-3721 $105,000 Nov 2023 4,708 SF
107 2nd N, Newton, IA 50208-3251 $12,000 Sep 2023 4,664 SF
1500 18th S, Newton, IA 50208-4381 $1,590,000 May 2023 4,968 SF
112 2nd W, Newton, IA 50208-3246 $150,000 Aug 2021 6,204 SF
733 1st E, Newton, IA 50208-3307 $57,000 Nov 2020 5,764 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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