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    Property profile & analytics

    704 Jackson St Sigourney, IA 52591-1728

    • Retail space
    • 10,640 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1511279
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 704 Jackson St

    Year built
    2021
    Lot size
    0.84 lot acres
    Property size
    10,640 SF
    Property type
    Retail space
    APN
    SGCOS-073600
    APU
    SGCOS073600

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a 10,542-square-foot Dollar General store in Sigourney, Iowa. Built in 2021, the property boasts a 100% occupancy rate with a corporate-guaranteed absolute triple-net (NNN) lease, ensuring minimal landlord responsibilities. The lease commenced June 30, 2021, and has a remaining term of 11.6 years, extending to June 30, 2036, with five, five-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $99,616, representing a 7.30% capitalization rate on the asking price of $1,364,603. Situated on a 1.24-acre lot at 704 E Jackson St, Sigourney, IA 52591, this location benefits from high visibility on a main thoroughfare. The property is strategically located in a thriving community, serving as the county seat for Keokuk County and offering proximity to key amenities and services. The tenant is responsible for all property expenses including insurance, common area maintenance, roof, structure, and real estate taxes. This is a low-maintenance, high-return investment with significant long-term potential. The average household income within a one-mile radius exceeds $75,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sigourney
    County
    Keokuk
    State
    Iowa
    Longitude
    -92.1976
    Latitude
    41.3371

    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
    $17,152
    $31,720
    $787,070
    $818,790
    -
    $0.00
    $0.00
    $1,565,436

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      411 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      411 Jackson St, Sigourney, IA 52591-1122
      View Details
    • Value Estimation by Request
      2,400 SF

      102 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      102 Jackson St, Sigourney, IA 52591-1311
      View Details
    • Value Estimation by Request
      3,520 SF

      114 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      114 Washington St, Sigourney, IA 52591-1445
      View Details
    • Value Estimation by Request
      3,168 SF

      103 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      103 Jefferson St, Sigourney, IA 52591-1541
      View Details
    • Value Estimation
      $385,000
      2,580 SF

      1103 200th Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,580 SF
      1103 200th Ave, Sigourney, IA 52591-8155
      View Details
    • Value Estimation
      $80,000
      7,920 SF

      119 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 7,920 SF
      119 Jefferson St, Sigourney, IA 52591-1541
      View Details

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    704 Jackson St
    Sigourney, IA 52591-1728
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    Realmo Value Estimation

    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.

    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.

    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
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