Back to Search
Property profile & analytics
FOR SALE
Warehouses
50 5Th St S A Central City, IA 52214
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0164888
For Sale
1 / 18
$240,000
50 5Th St S A, Central City, IA 52214
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1940
Total area
12,087 SF
Lot
0.52 ac (22,651 SF)
APN
07-03-1-90-006-0-0000
UPID
US25-0164888
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Golden Years Retirement Prop I · 8 yrs held
Golden Years Retirement Prop I
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Central City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$742
Tax year 2023
Assessed value
$48,400
Assessed 2024
Previous assessed
$48,400
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$29,500
Assessed improvement
$18,900
Land market value
$29,500
Improvement market value
$18,900
Total market value
$48,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1940
Heating
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
12,087 SF
Lot
0.52 ac (22,651 SF)
APN
07-03-1-90-006-0-0000
UPID
US25-0164888
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Heating
YES
Stories
1
Buildings
2
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Golden Years Retirement Prop I
Individual
Free & Clear · 8 yrs held
Mailing address
529 W 1ST ST, MONTICELLO, IA 52310-1302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
—
Golden Years Retirement Property In
—
Deed
related
$50,000 · Fairfax State Savings Bank
May 11, 2018
—
Golden Years Retirement Prop I
I Kiji Ltd
Quit Claim Deed
related
—
Mar 13, 2018
—
Golden Years Retirement Prop I
Kiji Ltd
Quit Claim Deed
related
—
Oct 26, 2017
—
Kiji Ltd
—
Deed
related
$20,000 · Farmers & Merchants Svgs Bk
—
—
Kiji Ltd
—
Deed Of Trust
related
$20,000 · Farmers & Merchants Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
