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Property profile & analytics
FOR SALE
Retail space
911 S K Ave Vinton, IA 52349
Entity Owned
Absentee Owner
Free & Clear
Property ID
US25-1398805
For Sale
1 / 2
$380,000
911 S K Ave, Vinton, IA 52349
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Property summary
AI-generated overview
This 1.32-acre commercial lot, located at 911 S K Ave in Vinton, Iowa (APN 2406880), presents a compelling investment opportunity. Its prime location offers excellent visibility and accessibility, situated near a HyVee Fast & Fresh Market. The property is zoned for commercial use, making it ideal for retail or service businesses. The ample space allows for substantial on-site parking, benefiting both customers and employees. Convenient access to Hwy 218 ensures easy access for customers and suppliers. Existing infrastructure includes proximity to utilities, water, and sewer lines. This location is poised for growth and development, promising future value appreciation. Nearby amenities include a HyVee Fast & Fresh Market, Cobblestone Inn & Suites, and AmeriCorps, further enhancing the property's desirability and potential. This exceptional property offers a unique chance to establish a thriving business in a vibrant community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
22,256 SF
Lot
1.67 ac (72,745 SF)
APN
24068870
UPID
US25-1398805
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
Current use
Occupant on record · Public records
-
Hy-Vee Pharmacy Pharmacy
-
Hy-Vee Fast & Fresh Gas Station
-
Hy-Vee Gas Station
-
Dollar Fresh Market - Gas Station Gas Station
-
Dollar Fresh Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
HYVEE, INC
HYVEE, INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.4M
+22.2%
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 Vinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vinton 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,110,000
Current use
INDUSTRIAL (GENERAL)
$1,360,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$42 / 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
$41,176
Tax year 2023
Assessed value
$1,227,600
Assessed 2024
Previous assessed
$1,227,600
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$166,900
Assessed improvement
$1,060,700
Land market value
$166,900
Improvement market value
$1,060,700
Total market value
$1,227,600
Applied tax rate
240.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1993
Stories
1
Total area
22,256 SF
Lot
1.67 ac (72,745 SF)
APN
24068870
UPID
US25-1398805
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
HYVEE, INC
Entity
Free & Clear · 0 yrs held
Mailing address
5820 WESTOWN PKWY, WEST DES MOINES, IA 50266-8223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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