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Financial
Distress signals
Property profile

503 E 1St St Carroll, IA 51401

FOR SALE
Investment properties
Property ID
US25-2357677
9,865 SF 0.4 ac lot Built 1920
Last sale May 2026 · $285,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 9,865 square foot commercial property located at 503 E 1st Street in Carroll, Iowa, presents a unique investment opportunity. Situated on a 0.41-acre lot, the building offers remarkable versatility and potential for a variety of uses. Currently configured with three apartments, one of which is recently renovated and immediately available for occupancy, the property also boasts a substantial attached 2,300 square foot garage. Beyond the apartments and garage, over 3,400 square…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$394k
Assessed land$36k
Assessed improvement$358k

Value estimate

· Oct 2026
$290k
$261k – $319k
Submarket $/SF estimate$764k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$37 – $176

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCARROLL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.4
Plumbing Service9.6
Laundry Service9.4

Location

503 E 1St St Carroll, IA 51401
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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