Technical
Financial
Distress signals
Property profile

714 2nd W Ave Spencer, IA 51301

OFF-MARKET
Warehouses
Property ID
US25-1079945
1,056 SF 0.16 ac lot Built 1963
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Construction FRAME
Total area 1,056 SF
Lot 0.16 ac (7,100 SF)
Zoning code CBD CENTRAL B
APN 963607315004
UPID US25-1079945

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
  • Electrical Service General Contractor

Location

714 2nd W Ave Spencer, IA 51301-3724
Spencer metro Census 80301 SPENCER, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2021
Last sale
$73,000
2 recorded transactions
2021
$73,000
2020
$40,000

Zoning & alternative use

CBD CENTRAL B · Spencer, IA

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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