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Property profile & analytics
FOR SALE
Retail space
1220 73 St Windsor Heights, IA
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US25-0146945
For Sale
Contact for pricing
1220 73 St, Windsor Heights, IA
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
STEEL FRAME
Total area
3,200 SF
Lot
0.29 ac (12,750 SF)
Zoning code
CC
APN
292/00895-000-000
UPID
US25-0146945
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jds Real Estate Investments LLC · 4 yrs held
Jds Real Estate Investments LLC
since 2022
Last sale
$410,000
2 recorded transactions
Zoning & alternative use
CC · Windsor Heights, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended for commercial facilities which serve the needs of markets ranging from several neighborhoods to the overall region. While allowed commercial and office uses are generally compatible with nearby residential areas, traffic and operating characteristics may have more negative effects on residential neighborhoods than those permitted i…
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
148.08 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 Windsor Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor Heights 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
$4,260
Tax year 2020
Assessed value
$360,000
Assessed 2023
Previous assessed
$360,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$155,000
Assessed improvement
$205,000
Land market value
$155,000
Improvement market value
$205,000
Total market value
$360,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1967
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Rooms
9
Bathrooms
2
Total area
3,200 SF
Lot
0.29 ac (12,750 SF)
Zoning code
CC
APN
292/00895-000-000
UPID
US25-0146945
Jurisdiction
POLK
Zoning & alternative use
CC · Windsor Heights, IAZoning CC · permitted uses
CC · Windsor Heights, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended for commercial facilities which serve the needs of markets ranging from several neighborhoods to the overall region. While allowed commercial and office uses are generally compatible with nearby residential areas, traffic and operating characteristics may have more negative effects on residential neighborhoods than those permitted in the O District.
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
148.08 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
9
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Jds Real Estate Investments LLC
Entity
Mailing address
10888 HICKMAN RD STE 3B, CLIVE, IA 50325-3715
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
$410,000
Jds Real Estate Investments LLC
Klemp Properties LLC
Warranty Deed
$328,000 · Lincoln Savings Bank
Jun 4, 2015
$106,000
Klemp Properties LLC
Klemp Orville G
Warranty Deed
related
$110,000 · West Bk
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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