Property profile

509 State St Independence, IA 50644

OFF-MARKET
Retail residential properties
Property ID
US25-1273984
1,840 SF 0.5 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1970
Construction FRAME
Total area 1,840 SF
Lot 0.5 ac (21,780 SF)
APN 509279004
UPID US25-1273984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

509 State St Independence, IA 50644
Independence metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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