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Property profile & analytics
FOR SALE
Investment properties
12119 Stratford Dr Clive, IA 50325
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US25-0020423
For Sale
1 / 13
Contact for pricing
12119 Stratford Dr, Clive, IA 50325
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
STEEL FRAME
Total area
16,012 SF
Lot
1.16 ac (50,747 SF)
Zoning code
C-3
APN
291/00557-725-000
UPID
US25-0020423
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
$2.52M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$2.98M
Owner & transaction history
Ati Capital LLC · 4 yrs held
Ati Capital LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C-3 · Clive, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
11-4-4 SCOPE.
Top alternative use upside
Auto repair, garage
$2.8M
+107.5%
Medical building
$2.7M
+100.6%
Restaurant
$2.5M
+86.0%
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 Clive submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clive 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
$2,980,000
ML approach
$2,780,000
CAP Approach
CAP Return
Estimation
6%
$2,730,000
6.5%
$2,520,000
7%
$2,340,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,755,000
Change: +108% · Conversion: Difficult
MEDICAL BUILDING
$2,665,000
Change: +101% · Conversion: Easy
RESTAURANT
$2,470,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,360,000
Change: +77% · Conversion: Moderate
RETAIL STORES
$1,860,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±10% · vs last sale $3.00M (Aug 30 2021)
Last sale anchor
$3.00M
Aug 30 2021
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
$186 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$56,322
Tax year 2020
Assessed value
$2,320,000
Assessed 2023
Previous assessed
$2,320,000
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$621,000
Assessed improvement
$1,699,000
Land market value
$621,000
Improvement market value
$1,699,000
Total market value
$2,320,000
Applied tax rate
20.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Total area
16,012 SF
Lot
1.16 ac (50,747 SF)
Zoning code
C-3
APN
291/00557-725-000
UPID
US25-0020423
Jurisdiction
POLK
Zoning & alternative use
C-3 · Clive, IAZoning C-3 · permitted uses
C-3 · Clive, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
11-4-4 SCOPE.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.7M
RESTAURANT
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Ati Capital LLC
Entity
Mailing address
110 SE GRANT ST STE #101, ANKENY, IA 50021-3143
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2021
$3,000,000
Ati Capital LLC
Mec Office I LLC
Warranty Deed
$2,415,000 · Home State Bank
Aug 19, 2020
—
Ground Breaker Hms LLC
—
Deed
related
$30,000 · Diligent Grand Ave 67 LLC
Apr 23, 2020
$379,000
Ground Breaker Hms LLC
Diligent Grand Ave 67 LLC
Warranty Deed
$2,500,000 · Iowa St Bk
Aug 19, 2019
—
Ground Breaker Hms LLC
—
Trustees Deed
related
$31,000 · Diligent Grand Ave 67 LLC
Oct 19, 2017
—
Mec Office I LLC
—
Deed
related
$509,847 · Visionbank Of Ia
Jun 23, 2015
—
Bruere Properties LLC
Nicole R Davidson
Deed
—
Nov 18, 2011
—
Mec Office I LLC
—
Trustees Deed
related
$1,000,000 · Northwest Bank
Nov 15, 2011
$1,250,000
Mec Office I LLC
Hunsberger Flp
Warranty Deed
—
Feb 2, 2006
$2,550,000
Flp Hunsberger
Drt LLC
Warranty Deed
$2,040,000 · First Federal Savings Bank
—
—
Hunsberger Family LP
—
Deed Of Trust
related
$1,350,000 · Charter Bank
—
—
Ground Breaker Hms LLC
—
Deed Of Trust
related
$30,000 · Diligent Grand Ave 67 LLC
—
—
Mec Office I LLC
—
Deed Of Trust
related
$509,847 · Visionbank Of Ia
—
—
Mec Office I LLC
—
Deed Of Trust
related
$2,165,000 · Visionbank Of Ia
—
—
Mec Office I LLC
—
Deed Of Trust
related
$515,000 · Iowa Business Growth Co
—
—
Mec Office I LLC
—
Deed Of Trust
related
$500,000 · Northwest Bank
—
—
Mec Office I LLC
—
Loan Modification
related
$750,000 · Northwest Bk
—
—
Mec Office I LLC
—
Deed Of Trust
related
$625,000 · Northwest Bank
—
—
Mec Office I LLC
—
Deed Of Trust
related
$625,000 · Northwest Bank
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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