Property profile

3104 1st E Ave Newton, IA 50208

OFF-MARKET
Grocery and convenience stores
Property ID
US25-1422520
3,120 SF 0.8 ac lot Built 1993
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1993
Total area 3,120 SF
Lot 0.8 ac (34,800 SF)
APN 836126025
UPID US25-1422520

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
  • Take-out & Catering
  • Bank Credit Union

Location

3104 1st E Ave Newton, IA 50208-2743
Newton metro Census 40100 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3104 1st E Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message