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Financial
Distress signals
Property profile

1823 33Rd St Fort Madison, IA 52627

FOR SALE
Other warehouses
Property ID
US25-0690498
8,800 SF 2.41 ac lot Built 1970
Last sale Sep 2013 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial manufacturing facility consisting of three buildings with a combined area of more than 25,000 square feet, including 2,274 square feet of finished office space. The improvements are configured for manufacturing and can support alternative uses such as warehouse, distribution, or storage. The site includes a paved parking lot for employees and visitors and features a loading dock to facilitate loading and logistics. The buildings are located on a 2.41-acre lot.

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?
$17k
Tax billed · 2023
Assessed value · 2024$545k
Assessed land$56k
Assessed improvement$489k
Effective rate3.16%

Value estimate

· Oct 2026
$405k
$365k – $446k
CAP approach$910k
Submarket $/SF estimate$965k
NOI build-up
Gross scheduled income$237k
Vacancy & credit loss−$16k
Operating expenses−$77k
NOI · 20.54% cap applied$144k

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?
20.54%
$144k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionLEE

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 agency21.4
Building Supply17.0
Law Firm16.0

Location

1823 33Rd St Fort Madison, IA 52627
County assessor Recorded deeds · 2 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
930 15th, Fort Madison, IA 52627-4472 $1,167,977 Jun 2025 10,710 SF
2140 330th, Fort Madison, IA 52627-9783 $400,000 Nov 2023 5,400 SF
1861 303rd, Fort Madison, IA 52627 $165,000 Aug 2023 4,840 SF
2597 233rd, Fort Madison, IA 52627-9232 $185,000 Dec 2022 6,400 SF
1315 16th, Fort Madison, IA 52627-4333 $81,000 May 2019 9,600 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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