Property profile

424 2nd E Ave Newton, IA 50208

OFF-MARKET
Medical Office Space
Property ID
US25-2062419
1,920 SF 0.22 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction FRAME
Total area 1,920 SF
Lot 0.22 ac (9,648 SF)
APN 834179010
UPID US25-2062419

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
  • Wedding Service

Location

424 2nd E Ave Newton, IA 50208-3709
Newton metro Census 40500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

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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