Property profile

321 2nd E Ave Newton, IA 50208

OFF-MARKET
Office buildings
Property ID
US25-1935570
1,156 SF 0.1 ac lot Built 1924
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1924
Construction FRAME
Total area 1,156 SF
Lot 0.1 ac (4,356 SF)
APN 834140005
UPID US25-1935570

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
  • Grocery & Convenience Store Specialty Food Shop
  • Financial Advisor
  • Financial Advisor

Location

321 2nd E Ave Newton, IA 50208-3245
Newton metro Census 40500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2006
1 recorded transaction
2006
$16,000

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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