Technical
Financial
Distress signals
Property profile

1775 219th Ln Boone, IA 50036

OFF-MARKET
Manufacturing properties
Property ID
US25-1246369
16,000 SF 8.99 ac lot Built 2005
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Total area 16,000 SF
Lot 8.99 ac (391,604 SF)
Zoning code I-1
APN 88426364300010
UPID US25-1246369

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
  • Car Dealership

Location

1775 219th Ln Boone, IA 50036-7443
Boone metro Census 20100 AMES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$663k
Blend (final) Blend
$345k

Owner & transaction history

since 2005
1 recorded transaction
2005
$80,000

Zoning & alternative use

I-1 · Boone, IA
Top alternative use upside
Retail stores $755,000 +16.6%

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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