Financial
Distress signals
Property profile

409 Driftwood St Correctionville, IA 51016

OFF-MARKET
Office buildings
Property ID
US25-0145408
672 SF 0.07 ac lot Built 1910
Last sale Apr 2026 · $43,500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

An office property located in downtown Correctionville consisting of two buildings that can be used together as a single unit or subdivided into two storefront spaces. The combined interior area is 3,172 square feet. The interior layout includes three private offices, two open work areas, a conference room, and additional back storage. The property provides on-site parking in the rear. It is configured for office use and may also be subdivided to support two separate street-facing storefront

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?
$404
Tax billed · 2023
Assessed value · 2024$22k
Assessed land$4k
Assessed improvement$18k
Effective rate1.85%

Value estimate

· Sep 2026
$30k
$27k – $33k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$66/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$28 – $96

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

What can be built here?
C-24
JurisdictionWOODBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Dental Office8.7
Storage Facility8.5

Location

409 Driftwood St Correctionville, IA 51016-7733
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 409 Driftwood St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message