Property profile

620 Norwood Dr Algona, IA 50511

OFF-MARKET
Flex space
Property ID
US25-0532843
5,625 SF 0.74 ac lot Built 1978
Individually Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1978
Total area 5,625 SF
Lot 0.74 ac (32,234 SF)
APN 22-02-227-005
UPID US25-0532843

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
  • Landscaping

Location

620 Norwood Dr Algona, IA 50511-1142
Algona metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2012
5 recorded transactions
2020
Price N/A
2019
Price N/A
2012
$115,000
2008
$67,500
2007
$50,000

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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