Property profile

1818 Fawcett Pkwy Nevada, IA 50201

OFF-MARKET
Retail space
Property ID
US25-0468247
6,013 SF 2.49 ac lot Built 2006
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction STEEL FRAME
Total area 6,013 SF
Lot 2.49 ac (108,464 SF)
APN 11-08-325-050
UPID US25-0468247

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
  • Gym & Fitness Center

Location

1818 Fawcett Pkwy Nevada, IA 50201-2814
Nevada metro Census 10300 AMES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$920k
Comparable Approach Comparable
$742k
Blend (final) Blend
$745k

Owner & transaction history

since 2017
3 recorded transactions
2017
$750,000
2015
$490,000
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $525,000 +16.4%

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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