Technical
Financial
Distress signals
Property profile

20 8th St Clear Lake, IA 50428

OFF-MARKET
Office buildings
Property ID
US25-0627870
5,557 SF 0.5 ac lot Built 1978
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 5,557 SF
Lot 0.5 ac (21,780 SF)
APN 61810700100
UPID US25-0627870

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
  • Physician
  • Physician

Location

20 8th St Clear Lake, IA 50428-1712
Clear Lake metro Census 950700 MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$393k
Blend (final) Blend
$665k

Owner & transaction history

since 2022
Last sale
$650,000
3 recorded transactions
2022
$650,000
2022
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $495,000 +26.1%
Warehouse, storage $465,000 +18.0%
Industrial (general) $435,000 +10.4%

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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