Technical
Financial
Distress signals
Property profile

319 1st St Council Bluffs, IA 51503

OFF-MARKET
Apartment buildings
Property ID
US25-0018228
986 SF 0.15 ac lot Built 1900
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1900
Construction FRAME
Total area 986 SF
Lot 0.15 ac (6,534 SF)
Zoning code R-3
APN 7544 25 427 005
UPID US25-0018228

Cap rate & NOI

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

Location

319 1st St Council Bluffs, IA 51503-3155
Council Bluffs metro Census 30200 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

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

Owner & transaction history

since 2012
3 recorded transactions
2024
Price N/A
2012
$175,000
2005
Price N/A

Zoning & alternative use

R-3 · Council Bluffs, IA
Zoning description

Chapter 15.10 - R-3/LOW DENSITY MULTIFAMILY RESIDENTIAL DISTRICT 15.10.010 Statement Of Intent 15.10.020 Principal Uses 15.10.030 Conditional Uses 15.10.040 Accessory Uses 15.10.050 Site Development Regulations 15.10.060…

General category RESIDENTIAL

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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