Property profile

321 Novak Rd Lisbon, IA 52253

OFF-MARKET
Warehouses
Property ID
US25-0011406
12,096 SF 1.34 ac lot Built 2006
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2006
Total area 12,096 SF
Lot 1.34 ac (58,370 SF)
APN 17-14-2-30-001-0-0000
UPID US25-0011406

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
  • Construction Company General Contractor
  • Gym & Fitness Center
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store Printing Service

Location

321 Novak Rd Lisbon, IA 52253-9831
Lisbon metro Census 10802 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$749k
Blend (final) Blend
$745k

Owner & transaction history

since 2006
3 recorded transactions
2006
$400,000
2006
$115,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.2M +94.8%
Retail stores $975,000 +56.9%
Office building $960,000 +54.5%

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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