Technical
Financial
Distress signals
Property profile

220 10th SE Ave Spencer, IA 51301

OFF-MARKET
Flex space
Property ID
US25-1106078
8,000 SF 28.2 ac lot Built 2007
Entity Owned Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2007
Total area 8,000 SF
Lot 28.2 ac (1,228,392 SF)
APN 963617151007
UPID US25-1106078

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
  • Auto Parts Store
  • Atm

Location

220 10th SE Ave Spencer, IA 51301-5201
Spencer metro Census 80200 SPENCER, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$745k
Blend (final) Blend
$405k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $725,000 +53.2%
Restaurant $650,000 +37.6%
Warehouse, storage $625,000 +31.9%

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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