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Property profile & analytics
OFF-MARKET
Individual retail properties
238 Walnut St Ogden, IA 50212-2004
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-1192076
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1913
Total area
448 SF
Lot
0.05 ac (2,244 SF)
Zoning code
INC
APN
88427314187137
UPID
US25-1192076
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
-
Allie's Hair Care Hair Salon
-
Relaxation Station Alternative Medicine Practice Spa & Massage Center
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
Michael S Frazier · 12 yrs held
Michael S Frazier
since 2013
1 recorded transaction
Zoning & alternative use
INC · Ogden, 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 Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogden 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
$398
Tax year 2023
Assessed value
$26,210
Assessed 2024
Previous assessed
$26,210
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$3,264
Assessed improvement
$22,946
Land market value
$3,264
Improvement market value
$22,946
Total market value
$26,210
Applied tax rate
860.0000
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1913
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
448 SF
Lot
0.05 ac (2,244 SF)
Zoning code
INC
APN
88427314187137
UPID
US25-1192076
Jurisdiction
BOONE
Zoning & alternative use
INC · Ogden, IAZoning INC · permitted uses
INC · Ogden, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1913
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Michael S Frazier
Individual
Free & Clear · 12 yrs held
Mailing address
125 W CHERRY ST, OGDEN, IA 50212-2038
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2013
$23,000
Michael S Frazier
Brian L Leslie
Warranty Deed
—
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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