Financial
Distress signals
Property profile

2502 17th St Spirit Lake, IA 51360

OFF-MARKET
Retail space
Property ID
US25-2158615
50,336 SF 3.64 ac lot Built 1984
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fee simple (land and building) furniture retail investment building that is NNN leased and historically occupied by Furniture Mart USA, Inc., with a tenant lease term extending through June 2031 and multiple extension options. It is located adjacent to a Walmart in Spirit Lake, Iowa. The building includes systems and site components with shared replacement responsibility between tenant and landlord for items such as the roof, HVAC, and parking lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$60k
Tax billed · 2023
Assessed value · 2024$2.63M
Assessed land$525k
Assessed improvement$2.10M
Effective rate2.28%

Value estimate

· Sep 2026
$1.61M
$1.44M – $1.77M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionDICKINSON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Garden Center9.1
Convenience Store9.0

Location

2502 17th St Spirit Lake, IA 51360-1031
County assessor Recorded deeds · not on file 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1710 Ithaca, Spirit Lake, IA 51360-1279 $1,750,000 Aug 2023 10,434 SF
3425 Hwy 71, Spirit Lake, IA 51360-7736 $575,000 Sep 2020 5,960 SF
1615 Hl, Spirit Lake, IA 51360-1639 $80,000 Jun 2019 2,713 SF
1614 Hl, Spirit Lake, IA 51360-1640 $145,000 Apr 2019 3,740 SF
1618 Hl, Spirit Lake, IA 51360-1640 $199,000 Mar 2019 9,006 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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