Property profile

900 1st Ave Perry, IA 50220

OFF-MARKET
Office buildings
Property ID
US25-0236546
1,736 SF 0.16 ac lot Built 1996
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A commercial office building located on 1st Ave with a lot size of 0.1618 acres. The building was renovated in 2023 and contains two office suites. Suite 900 includes a reception area, three offices, a conference room, a half bath, and a break room with a refrigerator and sink. Suite 902 includes a reception area, two offices, and a half bath. The property provides a shared storage area, a parking lot in the front with side parking, and a small storage shed.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction FRAME
Total area 1,736 SF
Lot 0.16 ac (7,050 SF)
APN 210356003
UPID US25-0236546

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
  • Real Estate Agency
  • Real Estate Agency

Location

900 1st Ave Perry, IA 50220-1703
Perry metro Census 50400 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2016
Last sale
$250,000
3 recorded transactions
2026
Price N/A
2016
Price N/A
2013
$11,000

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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