Property profile

507 Main Ave Clear Lake, IA 50428

OFF-MARKET
Retail space
Property ID
US25-1217363
2,317 SF 0.14 ac lot Built 1975
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 2,317 SF
Lot 0.14 ac (6,098 SF)
APN 51328503000
UPID US25-1217363

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
  • Hair Salon
  • Physician Alternative Medicine Practice

Location

507 Main Ave Clear Lake, IA 50428-1828
Clear Lake metro Census 950800 MASON CITY, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2019
3 recorded transactions
2019
$190,000
2018
Price N/A
2018
$380,000

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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