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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Office buildings
149 Chestnut Ave Earlham, IA 50072-7711
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US25-1828363
Property summary
AI-generated overview
This exceptional 2,376 square foot retail property, located at 149 S. Chestnut Ave in Earlham, Iowa, presents a unique investment opportunity. Built in 1900, this historic building boasts charming interior brick-face and offers ample space ideal for a variety of retail or office uses. The asking price is $160,000, translating to a price per square foot of $67.34. A pro-forma NOI of $14,400 projects a 9.00% cap rate based on a 5-year lease term. Recent improvements include new carpet and paint throughout the interior. The property's prime Main Street location in Earlham, IA, 50072, offers excellent visibility and accessibility. Furthermore, the building's historical character may qualify it for potential future grants designed to support downtown facade improvements and exterior enhancements. This presents a significant opportunity to enhance the property's value and curb appeal. The property is situated in Madison County, Iowa.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
2,376 SF
Lot
0.06 ac (2,518 SF)
APN
851000109090000
UPID
US25-1828363
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
Temple LLC
Temple LLC
since 2025
Last sale
$125,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Earlham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Earlham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±10% · vs last sale $125k (Jun 9 2025)
Last sale anchor
$125k
Jun 9 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,174
Tax year 2023
Assessed value
$126,300
Assessed 2024
Previous assessed
$126,300
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$5,600
Assessed improvement
$120,700
Land market value
$5,600
Improvement market value
$120,700
Total market value
$126,300
Applied tax rate
851.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Stories
1
Total area
2,376 SF
Lot
0.06 ac (2,518 SF)
APN
851000109090000
UPID
US25-1828363
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Temple LLC
Entity
Mailing address
2200 NW 159TH ST STE #505, CLIVE, IA 50325-7997
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2025
$125,000
Temple LLC
Cash Flow Iowa LLC
Warranty Deed
$93,750 · Earlham Savings Bank
Sep 8, 2023
—
Cash Flow Iowa LLC
—
Deed
related
$91,400 · Raccoon Valley Bank
Aug 14, 2018
—
Cash Flow Iowa LLC
—
Deed
related
$88,000 · Raccoon Valley Bk
Jun 2, 2011
$65,000
Tpb Enterprises LLC
Roger E Howell
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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