Property profile

515 2nd NE St Independence, IA 50644

OFF-MARKET
Retail residential properties
Property ID
US25-1237242
2,857 SF 0.31 ac lot Built 1900
Individually Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1900
Construction FRAME
Total area 2,857 SF
Lot 0.31 ac (13,504 SF)
APN 634488002
UPID US25-1237242

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
  • Physician Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

515 2nd NE St Independence, IA 50644-1915
Independence metro Census 950500
Google Maps

Value estimations

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

Owner & transaction history

since 2006
1 recorded transaction
2006
$122,500

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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