Property profile

445 Evansdale Dr Elk Run Heights, IA 50707

OFF-MARKET
Grocery and convenience stores
Property ID
US25-2441032
9,520 SF 9.45 ac lot Built 1998
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1998
Construction METAL FRAME
Total area 9,520 SF
Lot 9.45 ac (411,642 SF)
APN 8812-04-377-004
UPID US25-2441032

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
  • Gas Station
  • Parking Lot & Garage Gas Station
  • Atm
  • Postal Service Courier Service
  • Parking Lot & Garage

Location

445 Evansdale Dr Elk Run Heights, IA 50707-2175
Elk Run Heights metro Census 2000 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$1.01M

Owner & transaction history

since 2021
2 recorded transactions
2021
$2.5M
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.3M +279.1%
Commercial (general) $1.2M +256.3%
Restaurant $895,000 +162.7%

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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