Property profile

115 2nd W Ave Newton, IA 50208

OFF-MARKET
Office buildings
Property ID
US25-2365330
24,760 SF 0.42 ac lot Built 1950
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 24,760 SF
Lot 0.42 ac (18,480 SF)
APN 834158001
UPID US25-2365330

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • County Government Office
  • Social Service Agency Charitable Organization
  • Community Center
  • Probation Office
  • County Government Office

Location

115 2nd W Ave Newton, IA 50208-3765
Newton metro Census 40500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2015
1 recorded transaction
2015
$6,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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