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Financial
Distress signals
Property profile

721 N 15Th St Fort Dodge, IA 50501

FOR SALE
Retail space
Property ID
US25-0531921
2,727 SF 0.18 ac lot Built 1942
Last sale Mar 2024 · $110,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Flex office-warehouse facility with a maintenance-free exterior constructed using steel siding and an approximately 1,000 sq. ft. canopy at the front. Interior areas total over 2,700 sq. ft., comprising office, warehouse, and storage spaces. Overhead door openings remain in place, reflecting the building’s prior use and supporting potential conversion to other light industrial or service-related uses. The property is located at 721 North 15th St in Fort Dodge, Iowa, on a highly trafficked…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$133k
Assessed land$24k
Assessed improvement$109k
Effective rate2.02%

Value estimate

· Oct 2026
$110k
$99k – $121k
AI approach$110k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$4k
Operating expenses−$10k
NOI · 6.52% cap applied$29k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.52%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWEBSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
Computer & Electronic Repair8.7
Acupuncture8.6

Location

721 N 15Th St Fort Dodge, IA 50501
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18 7th, Fort Dodge, IA 50501-3806 $35,000 Jan 2025 2,605 SF
1900 5th S, Fort Dodge, IA 50501-5154 $179,000 Apr 2024 2,430 SF
114 27th, Fort Dodge, IA 50501-4322 $250,000 Feb 2023 2,451 SF
500 1st S, Fort Dodge, IA 50501-4602 $125,000 Aug 2022 3,004 SF
115 22nd, Fort Dodge, IA 50501-3526 $200,000 Sep 2020 3,370 SF
1723 5th S, Fort Dodge, IA 50501 $90,000 Nov 2018 3,530 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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