Property profile

5504 88th St Johnston, IA 50131

OFF-MARKET
Investment properties
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Property ID
US25-0307261
11,855 SF 1.36 ac Built 2004
Last sale Nov 2022·$4,380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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 · 2020

What does the county charge?
$51k
Tax billed · 2020
Assessed value · 2023$1.78M
Assessed land$438k
Assessed improvement$1.34M
Effective rate2.85%

Value estimate

· Nov 2026
$4.27M
$3.84M – $4.70M
AI approach$4.08M

Realmo valuation models over county records and 14 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 comparables14

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?
C-2
The intent of the C-2 District is to provide a broad range of commercial and retail uses and services which are intended to serve the com...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop16.9
Building Supply16.3
HVAC Service13.5

Location

5504 88th St Johnston, IA 50131
County assessor Recorded deeds · 3 transfers 14 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
5501 86th, Johnston, IA 50131-1816 $1,800,000 Feb 2026 10,132 SF
5260 Beaver, Johnston, IA 50131-1332 $125,000 Feb 2026 10,260 SF
8951 Windsor, Johnston, IA 50131-2566 $2,700,000 Dec 2025 11,595 SF
5500 Ww, Johnston, IA 50131-2291 $1,550,000 Aug 2024 10,240 SF
8961 Thomas, Johnston, IA 50131-8000 $275,000 Feb 2024 9,749 SF
9201 Northpark, Urbandale, IA 50131-2933 $10,820,500 Nov 2022 14,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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