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Financial
Distress signals
Property profile

1501 1St Ave East Newton, IA 50208

FOR SALE
Grocery and convenience stores
Property ID
US25-2140582
66,500 SF 14.22 ac lot Built 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial development opportunity encompasses approximately 1.22 to 1.44 acres of land strategically located in Newton, Iowa, at 1501 1st Avenue E, zip code 50208. The property is situated in Jasper County and offers excellent visibility and accessibility. The land is divided into two parcels. Parcel A boasts frontage on Highway 6 and is directly adjacent to the Hy-Vee Fast N Fresh store. Parcel B is located immediately behind the Hy-Vee Fast N Fresh, sharing a border with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$260k
Tax billed · 2023
Assessed value · 2024$6.80M
Assessed land$735k
Assessed improvement$6.07M
Effective rate3.82%

Value estimate

· Oct 2026
$2.79M
$2.51M – $3.07M

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.

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 agency34.4
Law Firm27.5
Restaurant26.5

Location

1501 1St Ave East Newton, IA 50208
County assessor Recorded deeds · not on file 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2400 1st E, Newton, IA 50208-4203 $1,100,000 Oct 2024 32,000 SF
1707 1st E, Newton, IA 50208-4050 $405,000 Sep 2024 9,216 SF
1719 1st E, Newton, IA 50208-4050 $405,000 Sep 2024 7,300 SF
124 2nd W, Newton, IA 50208-3246 $150,000 Jun 2024 5,808 SF
112 2nd W, Newton, IA 50208-3246 $150,000 Aug 2021 6,204 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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