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Property profile & analytics
OFF-MARKET
Retail space
1251 73rd St Windsor Heights, IA 50324-1352
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US25-0274525
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
FRAME
Total area
7,475 SF
Lot
0.55 ac (24,125 SF)
Zoning code
R-3
APN
292/00936-001-000
UPID
US25-0274525
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
Davidson Motoyama LLC · 10 yrs held
Davidson Motoyama LLC
since 2015
1 recorded transaction
Zoning & alternative use
R-3 · Windsor Heights, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide for medium-density residential neighborhoods, characterized by single-family dwellings on small to moderately sized lots and low-density, multiple-family development. It provides special regulations to encourage innovative forms of housing development. It adapts to both established and newer neighborhoods, as well as tran…
Zone name
Multiple Family Residential District
General category
RESIDENTIAL
Zone area
129.34 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
$9,432
Tax year 2020
Assessed value
$369,000
Assessed 2023
Previous assessed
$369,000
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$124,100
Assessed improvement
$244,900
Land market value
$124,100
Improvement market value
$244,900
Total market value
$369,000
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
Off-Market
Year built
1976
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
3
Rooms
5
Bathrooms
1
Total area
7,475 SF
Lot
0.55 ac (24,125 SF)
Zoning code
R-3
APN
292/00936-001-000
UPID
US25-0274525
Jurisdiction
POLK
Zoning & alternative use
R-3 · Windsor Heights, IAZoning R-3 · permitted uses
R-3 · 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 to provide for medium-density residential neighborhoods, characterized by single-family dwellings on small to moderately sized lots and low-density, multiple-family development. It provides special regulations to encourage innovative forms of housing development. It adapts to both established and newer neighborhoods, as well as transitional areas between single-family and multi-family neighborhoods.
Zone name
Multiple Family Residential District
General category
RESIDENTIAL
Zone area
129.34 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Davidson Motoyama LLC
Entity
Mailing address
5532 SANDSTONE DR, WEST DES MOINES, IA 50266-3846
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2015
$250,000
Davidson Motoyama LLC
Brazzle Joseph L
Grant Deed
$200,000 · Veridian Cu
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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