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Property profile

206 West Grant St Zearing, IA 50278

FOR SALE
Other warehouses
Property ID
US25-0619176
5,964 SF 0.5 ac lot Built 1979
Last sale Sep 2026 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial building located at 206 W Grant St in Zearing, containing approximately 5,900 sq ft of interior space designed for a range of uses, including business operations, a personal shop, or recreational storage. The building includes a 240 sq ft finished office area and one bathroom, and is equipped with 3-phase power. The shop/work area features four overhead doors: two doors that are 14 ft wide by 12 ft high and two doors that are 11.5 ft wide by 12 ft high, along with a dedicated paint booth area. The property sits on a 0.5-acre lot with parking on-site.

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?
$2k
Tax billed · 2023
Assessed value · 2024$98k
Assessed land$9k
Assessed improvement$89k
Effective rate1.65%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$280k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 13.30% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$45 – $139

Cap rate analysis

How does the asset earn?
13.30%
$26k 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.

JurisdictionSTORY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.4
Pharmacy7.9
Auto Repair Shop7.6

Location

206 West Grant St Zearing, IA 50278
County assessor Recorded deeds · 1 transfer 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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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