Financial
Distress signals
Property profile

318 1st Ave Rock Rapids, IA 51246

OFF-MARKET
Turn key restaurants
Property ID
US25-1856749
15,000 SF 0.11 ac lot Built 1917
Last sale Sep 2011 · $14,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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

What does the county charge?
Assessed value · 2024$79k
Assessed land$11k
Assessed improvement$68k

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$355k
Submarket $/SF estimate$661k

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

What can be built here?
COMM-SMALL BUSINESS
JurisdictionLYON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.6
Dental Office11.3
Parking Facility10.1

Location

318 1st Ave Rock Rapids, IA 51246-1506
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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
220 1st, Rock Rapids, IA 51246-1504 $98,000 Jun 2024 4,000 SF
117 Story, Rock Rapids, IA 51246-1525 $140,000 Feb 2024 4,487 SF
301 1st, Rock Rapids, IA 51246-1505 $152,500 Aug 2023 18,450 SF
302 1st, Rock Rapids, IA 51246 $100,000 Jan 2023 7,139 SF
100 Smith, Rock Rapids, IA 51246-1767 $140,000 Jan 2021 4,800 SF
202 1st, Rock Rapids, IA 51246-1504 $27,500 Mar 2020 14,344 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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