Property profile

131 2nd NE Ave Independence, IA 50644

OFF-MARKET
Retail residential properties
Property ID
US25-1347078
2,840 SF 0.06 ac lot Built 1892
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1892
Total area 2,840 SF
Lot 0.06 ac (2,614 SF)
APN 634461002
UPID US25-1347078

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
  • Coworking & Hybrid Office
  • Credit Union
  • Photography Service (Bike/Boat/Book/etc) Store

Location

131 2nd NE Ave Independence, IA 50644-1903
Independence metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

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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