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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Warehouses
727 Main St Waukon, IA 52172-1752
Individually Owned
Absentee Owner
Free & Clear
Property ID
US25-1293210
Property summary
AI-generated overview
This exceptional industrial property in Waukon, Iowa, offers 8,576 square feet of versatile space on a four-acre lot. The single-tenant building, constructed in 1992, boasts a robust steel structure. The layout efficiently combines 2,656 square feet of office space with 5,920 square feet of warehouse space, ideal for a variety of industrial uses. The warehouse features an impressive 18-foot ceiling height and one drive-in door, enhancing operational efficiency. Ten parking spaces provide ample accommodation for employees and visitors. Located at 727 E Main St, Waukon, IA 52172, in Allamakee County, this property benefits from a strategic location within a growing area. This presents a significant opportunity for businesses seeking to expand or establish a presence in the region. The property's size, layout, and location combine to offer a compelling investment prospect. This well-maintained building provides immediate occupancy and is ready for its next chapter.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
FRAME
Total area
1,600 SF
Lot
4 ac (174,240 SF)
APN
1032126009
UPID
US25-1293210
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Sherburne Gavin
Sherburne Gavin
since 2026
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waukon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$200 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,942
Tax year 2023
Assessed value
$262,400
Assessed 2024
Previous assessed
$262,400
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$43,700
Assessed improvement
$218,700
Land market value
$43,700
Improvement market value
$218,700
Total market value
$262,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
FRAME
Buildings
2
Stories
1
Total area
1,600 SF
Lot
4 ac (174,240 SF)
APN
1032126009
UPID
US25-1293210
Jurisdiction
ALLAMAKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Stories
1
Buildings
2
Lot
4 ac
Current owner
From public records · entity-resolved
Sherburne Gavin
Individual
Free & Clear · 0 yrs held
Mailing address
1431 CINNAMON HL LN NW STE #104, COLUMBIA, MO 65201-8191
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
$505,000
Sherburne Gavin
Premiere Dealership Co LLC
Special Warranty Deed
—
Mar 18, 2024
—
Premiere Dealership Co LLC
—
Deed
related
$1,220,000 · Southern Bank
Jun 11, 2018
$350,000
Jeffrey David
Glary O David
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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