Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    700 4th St Council Bluffs, IA 51503-6537
    Back to Search
    Property profile & analytics

    700 4th St, Council Bluffs, IA 51503-6537

    View on Map
    • Office buildings
    • 4,690 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Oct 8, 2020
    $295,000
    Property ID
    US25-0289540
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 700 4th St

    Year built
    1973
    Lot size
    0.23 lot acres
    Zone code
    C-3
    Property type
    Office buildings
    APN
    7544 36 191 007
    APU
    754436191007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 8, 2020 $295,000 Buckenwright LLC Adkins Properties LLC Warranty Deed $236k · Midstates Bank NA
    Apr 20, 2020 $240,000 Narrow Path Equity Group LLC Dmmntj Ents LLC Warranty Deed · related —
    Dec 8, 2017 $250,000 Adkins Props LLC Narrow Path Equity Group LLC Warranty Deed · related $250k · Us Bk
    Jul 29, 2013 — Dmmntj Ents LLC Schaller,donald A Quit Claim Deed · related —
    Jan 17, 2006 $365,000 Donald A Schaller Grace,daniel R & Lorraine M Warranty Deed —
    Jan 17, 2006 $327,500 Daniel R Grace Green,richard L & Mary L Grant Deed —
    — — Donald A Schaller — Deed Of Trust · related $546k · Arbor Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.8508
    Latitude
    41.2542
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,280
    $44,000
    $271,000
    $315,000
    -
    $44,000
    $271,000
    $315,000

    Comparable in this City

    • Value Estimation by Request
      2.70 Acres

      3434 Harry Langdon Blvd

      OFFICE BUILDING
      3434 Harry Langdon Blvd, Council Bluffs, IA 51503-8637
      View Details
    • Value Estimation by Request
      60.00 Acres

      18452 Applewood Rd

      OFFICE BUILDING
      18452 Applewood Rd, Council Bluffs, IA 51503-7302
      View Details
    • Value Estimation by Request
      1,988 SF

      2115 Mcpherson Ave

      OFFICE BUILDING
      2115 Mcpherson Ave, Council Bluffs, IA 51503-4980
      View Details
    • Value Estimation by Request
      18.00 Acres

      24997 Hwy 92

      OFFICE BUILDING
      24997 Hwy 92, Council Bluffs, IA 51503-5747
      View Details
    • Value Estimation by Request
      1.23 Acres

      1512 Main St

      OFFICE BUILDING
      1512 Main St, Council Bluffs, IA 51503-6578
      View Details
    • Value Estimation by Request
      2,160 SF

      619 Main St

      OFFICE BUILDING
      619 Main St, Council Bluffs, IA 51503-0911
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,596 SF

      Downtown Brick Retail/Office Building

      Well-maintained 7,596 SF retail/office building in downtown location.
      533 S Main St, Council Bluffs, IA 51503
      View Details
    • $605,000
      7,596 SF

      Downtown Retail/Office Building For Sale

      Well-maintained retail/office building in a downtown location.
      533 South Main St, Council Bluffs, IA 51503
      View Details
    • $315,000

      Updated Tri-Plex Investment Opportunity

      Fully updated tri-plex with modern finishes and versatile unit mix.
      541 Mill St, Council Bluffs, IA 51503
      View Details
    • $59,900

      Residential Land in Council Bluffs

      Ideal lot for a walkout layout in a beautiful neighborhood.
      Grandfield Est, Council Bluffs, IA 51503
      View Details
    • $380,000
      2,880 SF

      Council Bluffs Turnkey Commercial Property

      Turnkey bar with ample parking and great road frontage.
      2701 Harry Langdon Blvd, Council Bluffs, IA 51503
      View Details
    • Contact for pricing
      63,097 SF

      Historic Senior Living Community

      36-unit independent senior living community in Council Bluffs, Iowa.
      25 Linden Ave S, Council Bluffs, IA 51503
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Council Bluffs Office Space

      Office space available for rent in Council Bluffs, Iowa.
      310 W Kanesville Blvd, Council Bluffs, IA 51503
      View Details
    • $12 SF/Yr
      428 SF

      Downtown Council Bluffs Office Space

      Small office space in a professionally maintained downtown location.
      421 West Broadway, Council Bluffs, IA 51503
      View Details
    • Contact for pricing

      Downtown Council Bluffs Office Suite

      Professional office suite in downtown Council Bluffs with ample parking.
      600 S 4Th St, Council Bluffs, IA 51503
      View Details
    • $13 SF/Yr
      20,250 SF

      New Industrial Building Available Soon

      20,250 SF industrial building with drive-thru doors, delivery Q1 2026.
      51503 Usa, Council Bluffs, IA 51503
      View Details
    • New
      Contact for pricing

      Retail Strip Center Space

      Available retail space in Sherwood Plaza with ample parking and convenient access along a major Council Bluffs corridor.
      2731 East Kanesville Blvd, Council Bluffs, IA 51503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 4th St
    Council Bluffs, IA 51503-6537
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    700 4th St, Council Bluffs, IA, 51503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!