Financial
Distress signals
Property profile

406 7th St Atlantic, IA 50022

OFF-MARKET
Retail space
Property ID
US25-0588571
2,400 SF 0.32 ac lot Built 2012
Last sale Jun 2012 · $15,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$145k
Assessed land$25k
Assessed improvement$120k
Effective rate1.82%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCASS

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 agency9.8
Pharmacy9.3
Plumbing Service9.1

Location

406 7th St Atlantic, IA 50022-1426
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1001 7th, Atlantic, IA 50022-1810 $180,000 Jan 2025 1,920 SF
907 Sunnyside, Atlantic, IA 50022-2067 $150,000 Mar 2024 2,400 SF
309 Chestnut, Atlantic, IA 50022-1064 $120,000 Feb 2024 1,710 SF
515 Chestnut, Atlantic, IA 50022-1249 $50,000 Oct 2023 2,613 SF
315 Walnut, Atlantic, IA 50022-1144 $92,000 Aug 2022 3,250 SF
711 7th, Atlantic, IA 50022-1804 $75,000 Sep 2021 2,403 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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