Property profile

1409 Main St Lake City, IA 51449

OFF-MARKET
Assisted living facilities
Property ID
US25-1388589
36,954 SF 5.61 ac lot Built 1968
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1968
Total area 36,954 SF
Lot 5.61 ac (244,372 SF)
APN 863413202002
UPID US25-1388589

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
  • Retirement Community Nursing Home
  • Medical Clinic

Location

1409 Main St Lake City, IA 51449-1578
Lake City metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$625k

Owner & transaction history

since 2023
Last sale
$659,500
1 recorded transaction
2023
$659,500

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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