Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

27759 Fairground Rd Adel, IA 50003

FOR LEASE
Other warehouses
Property ID
US25-0214513
3,940 SF 1.51 ac lot Built 2019
Last sale Apr 2006 · $40,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property in Adel, Iowa at 27759 Fairground Road is an industrial facility offering flexible space that can be divided into units ranging from 1,000 square feet up to 6,000 square feet total. The units provide 20-foot clear height and include an 18-foot overhead door, along with floor drains and LED lighting. The building is configured to support both indoor use and potential outdoor storage, and it includes on-site parking. The space is suited for a range of light industrial and storage uses consistent with the functional characteristics described.

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 · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value · 2024$863k
Assessed land$99k
Assessed improvement$764k
Effective rate2.11%

Value estimate

· Nov 2026
$490k
$441k – $539k
AI approach$345k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 115.77% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$122/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$46 – $198

Cap rate analysis

How does the asset earn?
115.77%
$12k 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: Restaurant
Demand index
Restaurant9.3
Plumbing Service8.9
Furniture Store8.8

Location

27759 Fairground Rd Adel, IA 50003
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27929 Fairground, Adel, IA 50003-4403 $110,000 Jun 2024 5,535 SF
Adel, IA 50003 $8,205,732 Oct 2021 4,950 SF
27836 Fairground, Adel, IA 50003-4404 $185,399 Jan 2021 5,490 SF
601 Nile Kinnick S, Adel, IA 50003-2010 $135,000 Aug 2019 2,676 SF
27963 Fairground, Adel, IA 50003-4403 $160,000 Aug 2019 3,150 SF
27827 Fairground, Adel, IA 50003-4404 $250,000 Dec 2018 4,800 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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