Property profile

423 Main Ave Clear Lake, IA 50428

OFF-MARKET
Retail space
Property ID
US25-1229331
3,753 SF 0.15 ac lot Built 1920
Entity Owned 6-yr Hold Absentee Owner
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction FRAME
Total area 3,753 SF
Lot 0.15 ac (6,447 SF)
APN 51328502800
UPID US25-1229331

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

423 Main Ave Clear Lake, IA 50428-1826
Clear Lake metro Census 950800 MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2020
4 recorded transactions
2020
$175,000
2020
Price N/A
2017
Price N/A
2014
$85,000

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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