Financial
Distress signals
Property profile

1500 W 18Th St S Newton, IA 50208

FOR SALE
Turn key restaurants
Property ID
US25-1819833
4,968 SF 1.2 ac lot Built 2007
Last sale May 2023 · $1,590,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A fully stabilized net-leased commercial property in Newton, Iowa, occupied by Pizza Ranch. The building comprises 4,968 square feet and sits on a 1.2-acre lot. It is configured as an absolute NNN structure (with the tenant responsible for substantially all operating expenses and repairs, including taxes, insurance, common area maintenance, and building systems such as roof, structure, HVAC, and other major components). The property was under a long-term lease structure with a 15-year term that…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$26k
Tax billed · 2023
Assessed value · 2024$796k
Assessed land$193k
Assessed improvement$604k
Effective rate3.32%

Value estimate

· Sep 2026
$1.46M
$1.31M – $1.60M
AI approach$1.54M
NOI build-up
Gross scheduled income$1.10M
Vacancy & credit loss−$75k
Operating expenses−$256k
NOI · 35.77% cap applied$767k

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?
35.77%
$767k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionJASPER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.0
Building Supply17.5
Dental Office16.6

Location

1500 W 18Th St S Newton, IA 50208
County assessor Recorded deeds · 3 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
122 2nd W, Newton, IA 50208-3246 $100,000 Jan 2025 4,488 SF
111 2nd N, Newton, IA 50208-3251 $187,500 Sep 2024 4,488 SF
124 2nd W, Newton, IA 50208-3246 $150,000 Jun 2024 5,808 SF
107 1st W, Newton, IA 50208-3721 $105,000 Nov 2023 4,708 SF
107 2nd N, Newton, IA 50208-3251 $12,000 Sep 2023 4,664 SF
733 1st E, Newton, IA 50208-3307 $57,000 Nov 2020 5,764 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
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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
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