Property profile

2720 Willis Ave Perry, IA 50220

FOR SALE
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US25-0098862
1,152 SF 0.42 ac Built 1970
Last sale Oct 2018·$12,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$53k
Assessed land$30k
Assessed improvement$24k
Effective rate1.95%

Value estimate

· Nov 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 5.72% cap applied$14k

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?
5.72%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.6
Hair Salon10.6
Restaurant9.7

Location

2720 Willis Ave Perry, IA 50220
County assessor Recorded deeds · 5 transfers 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1620 Pattee, Perry, IA 50220-1444 $61,250 Jan 2026 724 SF
1304 2nd, Perry, IA 50220-1510 $76,000 May 2025 1,870 SF
410 1st, Perry, IA 50220-1901 $435,000 May 2025 2,000 SF
1228 2nd, Perry, IA 50220-1506 $60,000 Jun 2023 846 SF
2903 Willis, Perry, IA 50220-2325 $118,000 Jun 2022 2,016 SF
1319 2nd, Perry, IA 50220-1511 $40,000 Oct 2020 1,125 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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