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Property profile

1610 2nd St Cherokee, IA 51012

OFF-MARKET
Retail space
Property ID
US25-1087146
26,307 SF 4.46 ac lot Built 2015
Last sale Apr 2023 · $1,831,000
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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a single-tenant retail store that was renovated for use as a Dollar Tree/Family Dollar location, previously a hardware store. It is situated on a corner lot at the intersection of Hwy 4 and Hwy 59 in Cherokee, Iowa, directly across from Western Iowa Tech College, with Cherokee Regional Medical Center less than one mile away and a Hy-Vee distribution center in Cherokee. The building and site have been structured for retail occupancy, with parking lot access as part of the…

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?
$20k
Tax billed · 2023
Assessed value · 2024$1.28M
Assessed land$89k
Assessed improvement$1.19M
Effective rate1.54%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.76M
AI approach$1.61M
Submarket $/SF estimate$1.57M

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.1
Wholesale Shop9.8
Pharmacy9.7

Location

1610 2nd St Cherokee, IA 51012-2230
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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
115 Main, Cherokee, IA 51012-1884 $138,500 Jun 2023 5,740 SF
228 Main, Cherokee, IA 51012-1825 $170,000 Apr 2023 4,872 SF
218 Main, Cherokee, IA 51012-2044 $314,000 May 2022 6,890 SF
207 Main, Cherokee, IA 51012-1851 $75,000 Aug 2020 5,188 SF
222 Main, Cherokee, IA 51012-1825 $90,000 Feb 2020 5,551 SF
220 Main, Cherokee, IA 51012-1825 $75,000 Dec 2018 5,600 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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