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Property profile & analytics
OFF-MARKET
Retail space
106 1st SE St Bondurant, IA 50035-2086
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US25-0200210
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Construction
FRAME
Total area
1,542 SF
Lot
0.05 ac (2,012 SF)
Zoning code
C-4
APN
231/00090-000-000
UPID
US25-0200210
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
-
Somewhere in the Middle Coffee Shop Cafe & Coffee Shop
-
Killshot Axe Throwing Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daryl Bailey · 7 yrs held
Daryl Bailey
since 2019
4 recorded transactions
Zoning & alternative use
C-4 · Bondurant, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-4 District is intended to accommodate the variety of retail stores and related activities which occupy the prime area within the central business district
Zone name
Central Business
General category
COMMERCIAL
Zone area
8.58 ac
Source
Realmo
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 Bondurant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bondurant 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$734
Tax year 2020
Assessed value
$142,000
Assessed 2023
Previous assessed
$142,000
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$3,600
Assessed improvement
$138,400
Land market value
$3,600
Improvement market value
$138,400
Total market value
$142,000
Applied tax rate
4.0000
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
Off-Market
Year built
2019
Construction
FRAME
Heating
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
1
Total area
1,542 SF
Lot
0.05 ac (2,012 SF)
Zoning code
C-4
APN
231/00090-000-000
UPID
US25-0200210
Jurisdiction
POLK
Zoning & alternative use
C-4 · Bondurant, IAZoning C-4 · permitted uses
C-4 · Bondurant, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-4 District is intended to accommodate the variety of retail stores and related activities which occupy the prime area within the central business district
Zone name
Central Business
General category
COMMERCIAL
Zone area
8.58 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
YES
Stories
1
Buildings
1
Rooms
6
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Daryl Bailey
Individual
Mailing address
10591 NE 82ND AVE, BONDURANT, IA 50035-1265
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
—
Daryl A Bailey
—
Deed
related
$800,000 · Bank Iowa
Apr 10, 2023
—
Daryl A Bailey
—
Deed
related
$70,489 · Bank Iowa
Feb 26, 2019
$80,000
Daryl Bailey
Ihde,allen G & Jenee J
Warranty Deed
$175,000 · First St Bk/colfax
Dec 14, 2016
—
Ihde Family Trust
Ihde,allen G & Jenee J
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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