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Property profile & analytics
OFF-MARKET
Automotive properties
1872 330th St Madrid, IA 50156-7420
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-1332599
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1983
Total area
3,300 SF
Lot
7.88 ac (343,253 SF)
Zoning code
C-1
APN
88225311200008
UPID
US25-1332599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Van Houweling Property LLC · 14 yrs held
Van Houweling Property LLC
since 2012
1 recorded transaction
Zoning & alternative use
C-1 · Madrid, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Statement of Intent. The C-1 District is intended to provide for the general shopping of persons living in Madrid and the surrounding rural areas and to provide for certain other uses making possible efficient utilization of existing structures in the central business district. A. Permitted Principal Uses. Only the use of structures or laud listed in this
Zone name
Central Commercial District
General category
COMMERCIAL
Zone area
53.58 ac
Source
MODEL CODE OF ORDINANCES
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madrid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madrid submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,820
Tax year 2023
Assessed value
$1,780,117
Assessed 2024
Previous assessed
$1,780,117
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$190,400
Assessed improvement
$1,589,717
Land market value
$190,400
Improvement market value
$1,589,717
Total market value
$1,780,117
Applied tax rate
180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1983
Heating
SPACE
Cooling
YES
Buildings
5
Stories
1
Total area
3,300 SF
Lot
7.88 ac (343,253 SF)
Zoning code
C-1
APN
88225311200008
UPID
US25-1332599
Jurisdiction
BOONE
Zoning & alternative use
C-1 · Madrid, IAZoning C-1 · permitted uses
C-1 · Madrid, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Statement of Intent. The C-1 District is intended to provide for the general shopping of persons living in Madrid and the surrounding rural areas and to provide for certain other uses making possible efficient utilization of existing structures in the central business district. A. Permitted Principal Uses. Only the use of structures or laud listed in this
Zone name
Central Commercial District
General category
COMMERCIAL
Zone area
53.58 ac
Source
MODEL CODE OF ORDINANCES
Building & site characteristics
From public records
Year built
1983
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
5
Lot
7.88 ac
Current owner
From public records · entity-resolved
Van Houweling Property LLC
Entity
Free & Clear · 14 yrs held
Mailing address
14427 WILDEN DR, URBANDALE, IA 50323-2056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2012
$74,500
Van Houweling Property LLC
Swanson Brothers INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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