Financial
Distress signals
Property profile

1450 N 2Nd St Cherokee, IA 51012

FOR LEASE
Other automotive properties
Property ID
US25-0571116
21,600 SF 5.16 ac lot Built 2003
Last sale Sep 2025 · $897,872
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Former Harley-Davidson dealership on a 5.16-acre site with a concrete paved lot, configured with a flexible interior layout where interior walls are not load-bearing for adaptable floor planning. The front portion features an open showroom of 14,323 SF with three private offices and three restrooms, supported by a three-phase electrical service. The showroom and the former service/parts area (totaling 7,277 SF) are climate controlled. The rear portion provides warehouse/storage space with clear

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$16k
Tax billed · 2023
Assessed value · 2024$683k
Assessed land$128k
Assessed improvement$555k
Effective rate2.32%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$580k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionCHEROKEE

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 Office12.5
Building Supply12.3
Restaurant11.9

Location

1450 N 2Nd St Cherokee, IA 51012
County assessor Recorded deeds · 4 transfers 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1324 2nd, Cherokee, IA 51012-2182 $1,070,000 May 2024 8,540 SF
1601 2nd, Cherokee, IA 51012-2231 $400,000 Nov 2023 4,632 SF
901 2nd, Cherokee, IA 51012-2119 $9,000 Oct 2021 3,000 SF
1200 2nd, Cherokee, IA 51012-2139 $475,000 Mar 2021 2,912 SF
1600 2nd, Cherokee, IA 51012-2230 $900,000 Mar 2020 7,840 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message