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    Property profile & analytics

    209 Moorehead Ave Ida Grove, IA 51445

    • Retail space
    • 11,524 SF
    • 0.92 lot acres
    For Sale
    View listing
    $519,400
    Value Estimation
    Location Intelligence
    Property ID
    US25-1600234
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Western Union / Money Transfer Service
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Ida County Extension Services / County Government Office

    Property Details for 209 Moorehead Ave

    Year built
    1959
    Construction
    CONCRETE BLOCKS
    Lot size
    0.92 lot acres
    Property size
    11,524 SF
    Property type
    Retail space
    APN
    18061402
    APU
    18061402

    Description

    This exceptional commercial property at 209 Moorehead Avenue, Ida Grove, IA 51445, offers a compelling investment opportunity. The 11,388 square foot building, situated on a 40,208 square foot lot, boasts a strong 10.30% cap rate. Currently, the property features a 9,100 square foot space leased to Dollar General until October 2025, and an additional 2,288 square feet leased to Iowa State Extension. Built in 1959 and renovated in 2006, this single-story building is strategically located just off Highway 175/US 59, ensuring high visibility and accessibility. The property's former use as a grocery store and subsequent conversion to accommodate Dollar General demonstrates its adaptability and potential for various uses. While Dollar General's lease extends to October 2025, they have relocated within Ida Grove and may be open to early termination. This presents a unique opportunity for an owner-occupier or an investor seeking supplemental income. The property's 100% occupancy and strong tenant base provide immediate cash flow. Owner financing may be considered. This is an ideal investment for those seeking a high-return property with significant upside potential in a thriving Iowa community. The property is comprised of one building with a multi-tenant occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $330,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $385,000
      Mixed-Use
      $335,000
      Hospitality
      $390,000
      Educational
      $380,000
      Residential Income
      $375,000
      Energy
      $325,000
      Income-Based Land
      $390,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Ida Grove
    County
    Ida
    State
    Iowa
    Longitude
    -95.4687
    Latitude
    42.3491

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,158
    $79,520
    $325,800
    $405,320
    -
    $79,520
    $325,800
    $405,320

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      516 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      516 2nd St, Ida Grove, IA 51445-1305
      View Details
    • Value Estimation by Request
      10,124 SF

      402 2nd St, Unit 408

      RETAIL STORES (PERSONAL SERVICES) • 10,124 SF
      402 2nd St, Ida Grove, IA 51445-1303
      View Details
    • Value Estimation
      $665,000
      14,550 SF

      505 Hwy 59th 175

      RETAIL STORES (PERSONAL SERVICES) • 14,550 SF
      505 Hwy 59th 175, Ida Grove, IA 51445
      View Details
    • Value Estimation by Request
      2,400 SF

      506 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      506 2nd St, Ida Grove, IA 51445-1305
      View Details
    • Value Estimation by Request
      2,350 SF

      510 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,350 SF
      510 2nd St, Ida Grove, IA 51445-1305
      View Details
    • Value Estimation by Request
      3,600 SF

      408 Quimby St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      408 Quimby St, Ida Grove, IA 51445-1044
      View Details

    Similar Nearby for Sale

    • $519,400
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      Prime Ida Grove Commercial Property

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      209 Moorehead Ave, Ida Grove, IA 51445
      View Details
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    Similar Nearby for Lease

    • $469,400
      9,100 SF

      Former Dollar General with Office

      9,100 SF retail space with 2,288 SF office.
      209 Moorehead Ave, Ida Grove, IA 51445
      View Details
    • $2,400 /Mo
      5,760 SF

      Warehouse with Retail Shop Space

      Versatile warehouse space with retail shop in Ida Grove.
      606 Hwy 175 W, Ida Grove, IA 51445
      View Details
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    Ida Grove, IA 51445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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