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    Property profile & analytics

    420 Main St Sac City, IA 50583

    • Retail space
    • 9,100 SF
    • 1.41 lot acres
    For Sale
    View listing
    $734,400
    Value Estimation
    Location Intelligence
    Property ID
    US25-1627219
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sac County Abstract Co / Title Company
    • Green Real Estate & Auction Co / Auction House
    • FedEx OnSite / Mailing Service
    • Western Union / Money Transfer Service
    • Dollar General / Drug Store / General Store

    Property Details for 420 Main St

    Year built
    2004
    Lot size
    1.41 lot acres
    Property size
    9,100 SF
    Property type
    Retail space
    APN
    810724500163
    APU
    810724500163

    Description

    This exceptional investment opportunity presents a 9,014 square foot freestanding Dollar General store situated on a 1.41-acre lot at 420 E Main St, Sac City, IA 50583. Built in 2004, the property boasts a strong 6.62% cap rate and a stabilized net lease (NN) with a credit-rated tenant. The lease, expiring September 30, 2029, offers a remaining term of 4.9 years. The property benefits from a 100% occupancy rate and a strategic location on Main Street/255th Street, conveniently positioned just south of Highway 20, a major east-west thoroughfare in central Iowa. The tenant, Dollar General, is responsible for real estate taxes and insurance, and contributes up to $3,335 annually towards parking lot maintenance. A notable feature is the inclusion of a 2.5% percentage rent clause exceeding $1.836 million in annual retail sales. The asking price is $734,400, translating to $81.47 per square foot. This single-story building presents a compelling investment opportunity with a secure tenant and attractive financial metrics. The property's prime location and established tenant history ensure a stable and potentially lucrative return on investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sac City
    County
    Sac
    State
    Iowa
    Longitude
    -94.9801
    Latitude
    42.4209

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,012
    $42,300
    $608,300
    $650,600
    -
    $42,300
    $608,300
    $650,600

    Comparable in this City

    • Value Estimation by Request
      6,400 SF

      106 State St

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      106 State St, Sac City, IA 50583-1705
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    • Value Estimation by Request
      6,336 SF

      113 5th St, Unit 114

      RETAIL STORES (PERSONAL SERVICES) • 6,336 SF
      113 5th St, Sac City, IA 50583-1709
      View Details
    • Value Estimation by Request
      8,800 SF

      406 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,800 SF
      406 Main St, Sac City, IA 50583-1746
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      1,704 SF

      511 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,704 SF
      511 Main St, Sac City, IA 50583-1726
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      517 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      517 Main St, Sac City, IA 50583-1726
      View Details
    • Value Estimation by Request
      5,016 SF

      514 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,016 SF
      514 Main St, Sac City, IA 50583-1727
      View Details

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    420 Main St
    Sac City, IA 50583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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