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Property profile

502 15th St Clear Lake, IA 50428

OFF-MARKET
Warehouses
Property ID
US25-0926013
View Sample
15,000 SF 1.34 ac lot Built 2014
Entity Owned 12-yr Hold Free & Clear

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2014
Total area 15,000 SF
Lot 1.34 ac (58,370 SF)
APN 61833100500
UPID US25-0926013

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
  • Electrical Engineer

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.63M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2014
3 recorded transactions
2021
Price N/A
2016
Price N/A
2014
$25,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +6.9%

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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