Financial
Distress signals
Property profile

533 South Main St Council Bluffs, IA 51503

FOR SALE
Office buildings
Property ID
US25-1393053
0.17 ac lot Built 1900
Last sale Dec 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 7,596 square foot storefront at 533 S Main Street in Council Bluffs, Iowa, presents a unique investment opportunity. Built in 1900, this well-maintained brick building boasts a prime downtown location, placing it within close proximity to the Historic 100 Block and numerous other amenities. The asking price is $695,000, translating to $91.50 per square foot. The property consists of a single, two-story building situated on a 0.29-acre lot. The ground floor offers ample

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value · 2024$439k
Assessed land$132k
Assessed improvement$307k
Effective rate3.23%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$18k
Operating expenses−$24k
NOI · 14.30% cap applied$71k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
14.30%
$71k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The C-3 district is intended to accommodate office, retail and related activities in the traditional commercial center of the city as wel...
General categoryCOMMERCIAL
JurisdictionPOTTAWATTAMIE

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store10.6
Food Market10.1
Laundry Service9.8

Location

533 South Main St Council Bluffs, IA 51503
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

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

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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