Property profile

501 Thomas St Lester, IA 51242

OFF-MARKET
Manufacturing properties
Property ID
US25-1809261
12,736 SF 0.3 ac lot Built 2022
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2022
Construction FRAME
Total area 12,736 SF
Lot 0.3 ac (13,000 SF)
Zoning code COMM-SMALL BUSINESS
APN 370000005300000
UPID US25-1809261

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
  • Financial Advisor

Location

501 Thomas St Lester, IA 51242-7707
Lester metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
Last sale
$285,000
1 recorded transaction
2022
$285,000

Zoning & alternative use

COMM-SMALL BUSINESS · Lester, IA

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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