Property profile

1490 Ketelsen Dr Hiawatha, IA 52233

OFF-MARKET
Warehouses
Property ID
US25-1145210
16,112 SF 1.96 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2013
Total area 16,112 SF
Lot 1.96 ac (85,378 SF)
APN 11-29-3-52-003-0-0000
UPID US25-1145210

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
  • Gun Shop Safe & Vault Shop
  • Locksmith (Bike/Boat/Book/etc) Store

Location

1490 Ketelsen Dr Hiawatha, IA 52233-2201
Hiawatha metro Census 205 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.46M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2013
3 recorded transactions
2013
$425,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.8M +120.8%
Auto repair, garage $1.7M +108.0%
Neighborhood: shopping center $1.7M +100.2%

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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