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Property profile & analytics
FOR SALE
Storefront properties

601 2Nd St Ida Grove, IA 51445

14,000 SF 0.16 ac lot Built 1910
Individually Owned 2-yr Hold Free & Clear
Property ID
US25-1516183
Property summary
AI-generated overview

This is a 14,000 square foot commercial building located in Ida Grove, Iowa. The property offers potential for various uses, including retail, event space, restaurant, coffee shop, short-term rentals, or apartment housing. The north side entrance leads to a boutique space on the east side. Stairs provide access to further potential, and to the west is another versatile space, leading to a spacious room in the back, previously used as a yoga studio and event space. The property includes a security system with cameras and a coded side door, operable from an app. The building features a seamless tin roof and gutters. Storefront windows have been updated. Electrical and HVAC systems have been updated throughout, providing the ability to support 2 finished levels.

Property profile
Verified
Property type Storefront properties
Use group WAREHOUSE, STORAGE
Year built 1910
Construction BRICK
Total area 14,000 SF
Lot 0.16 ac (7,013 SF)
APN 18080401
UPID US25-1516183
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jepsen's Simply Rustic Boutique & Wellness Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wendy Jepsen · 2 yrs held
Wendy Jepsen
since 2023
Last sale
$235,000
2 recorded transactions
2023
$235,000
2011
$15,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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