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Property profile & analytics
OFF-MARKET
Flex space
207 2nd St West Liberty, IA 52776-1507
Entity Owned
Free & Clear
Property ID
US25-2096913
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2005
Construction
FRAME
Total area
8,500 SF
Lot
22.79 ac (992,732 SF)
Zoning code
M2-HEAVY INDUSTRIAL
APN
112355003
UPID
US25-2096913
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
Current use
Occupant on record · Public records
-
Iowa Turkey Growers Co-Op Food Processing Plant
-
West Liberty Foods Truck Scale Industrial Manufacturer Production Facility
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
WEST LIBERTY FOODS LLC
WEST LIBERTY FOODS LLC
Zoning & alternative use
M2-HEAVY INDUSTRIAL · West Liberty, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Liberty submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Liberty 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
$145,572
Tax year 2023
Assessed value
$5,008,970
Assessed 2024
Previous assessed
$4,668,350
+7.3% YoY
Effective rate
2.91%
On assessed value
Assessed land
$436,660
Assessed improvement
$4,572,310
Land market value
$436,660
Improvement market value
$4,572,310
Total market value
$5,008,970
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2005
Construction
FRAME
Buildings
2
Stories
1
Total area
8,500 SF
Lot
22.79 ac (992,732 SF)
Zoning code
M2-HEAVY INDUSTRIAL
APN
112355003
UPID
US25-2096913
Jurisdiction
MUSCATINE
Zoning & alternative use
M2-HEAVY INDUSTRIAL · West Liberty, IA
Zoning M2-HEAVY INDUSTRIAL · permitted uses
M2-HEAVY INDUSTRIAL · West Liberty, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Liberty. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Stories
1
Buildings
2
Lot
22.79 ac
Current owner
From public records · entity-resolved
WEST LIBERTY FOODS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 318, WEST LIBERTY, IA 52776-0318
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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