Financial
Distress signals
Property profile

8800 62nd Ave Johnston, IA 50131

OFF-MARKET
Investment properties
Property ID
US25-0393751
42,000 SF 3.96 ac lot Built 2001
Last sale Jan 2024 · $3,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$185k
Tax billed · 2020
Assessed value · 2023$4.08M
Assessed land$1.11M
Assessed improvement$2.97M
Effective rate4.53%

Value estimate

· Sep 2026
$3.65M
$3.29M – $4.02M
AI approach$3.65M
Submarket $/SF estimate$4.08M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $196
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUD
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.9
Auto Repair Shop14.1
Hair Salon14.0

Location

8800 62nd Ave Johnston, IA 50131-2849
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8951 Windsor, Johnston, IA 50131-2566 $2,700,000 Dec 2025 11,595 SF
9100 Northpark, Urbandale, IA 50131 $10,500,000 May 2025 91,985 SF
5408 88th, Johnston, IA 50131-2953 $1,400,000 May 2024 15,972 SF
9201 Northpark, Urbandale, IA 50131-2933 $10,820,500 Nov 2022 14,000 SF
5504 88th, Johnston, IA 50131 $4,380,000 Nov 2022 11,855 SF
5605 100th, Johnston, IA 50131-1803 $3,917,000 Apr 2021 33,460 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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