Property profile

120 2nd W Ave Newton, IA 50208

OFF-MARKET
Office buildings
Property ID
US25-1453137
4,248 SF 0.07 ac lot Built 1875
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1875
Total area 4,248 SF
Lot 0.07 ac (2,904 SF)
APN 834110008
UPID US25-1453137

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
  • Real Estate Agency
  • Law Firm
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

120 2nd W Ave Newton, IA 50208-3246
Newton metro Census 40500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2023
Last sale
$145,000
3 recorded transactions
2023
Price N/A
2023
Price N/A
2023
$145,000

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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