Property profile

1803 1st E Ave Newton, IA 50208

OFF-MARKET
Retail space
Property ID
US25-1706748
9,175 SF 1 ac lot Built 2021
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Construction FRAME
Total area 9,175 SF
Lot 1 ac (43,690 SF)
APN 835177004
UPID US25-1706748

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1803 1st E Ave Newton, IA 50208-4052
Newton metro Census 40400 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2009
1 recorded transaction
2009
$45,000

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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