Property profile

318 Grand Ave Spencer, IA 51301

OFF-MARKET
Investment properties
Property ID
US25-0606504
4,000 SF 0.08 ac lot Built 1900
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,000 SF
Lot 0.08 ac (3,620 SF)
Zoning code CBD CENTRAL B
APN 963618129003
UPID US25-0606504

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

318 Grand Ave Spencer, IA 51301-4141
Spencer metro Census 80200 SPENCER, IA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
3 recorded transactions
2019
$85,000
2017
Price N/A
2016
Price N/A

Zoning & alternative use

CBD CENTRAL B · Spencer, IA

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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