Property profile

316 1st E St Independence, IA 50644

OFF-MARKET
Commercial real estate
Property ID
US25-1329166
2,254 SF 0.06 ac lot Built 1968
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Total area 2,254 SF
Lot 0.06 ac (2,614 SF)
APN 634463018
UPID US25-1329166

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
  • Insurance Agency

Location

316 1st E St Independence, IA 50644-2815
Independence metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$135k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$125,000
6 recorded transactions
2023
$125,000
2019
Price N/A
2017
$43,000
2015
Price N/A
2015
Price N/A
2008
Price N/A

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
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