Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$125,000
Bars & Pubs
1405 Walnut St Dallas Center, IA 50063-7716
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US25-2560390
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1910
Total area
6,072 SF
Lot
0.12 ac (5,227 SF)
APN
1102142011
UPID
US25-2560390
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
-
Five Points Bar and Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$95k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125k
Owner & transaction history
Temple & Trade Dc Hldgs LLC · 5 yrs held
Temple & Trade Dc Hldgs LLC
since 2020
Last sale
$139,875
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Dallas Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas Center 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
$125,000
ML approach
$95,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$125k
Range $113k – $138k · ±10% · vs last sale $140k (Dec 9 2020)
Last sale anchor
$140k
Dec 9 2020
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
$21 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,360
Tax year 2022
Assessed value
$155,110
Assessed 2023
Previous assessed
$124,360
+24.7% YoY
Effective rate
1.52%
On assessed value
Assessed land
$15,380
Assessed improvement
$139,730
Land market value
$15,380
Improvement market value
$139,730
Total market value
$155,110
Applied tax rate
560,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1910
Heating
NONE
Stories
2
Total area
6,072 SF
Lot
0.12 ac (5,227 SF)
APN
1102142011
UPID
US25-2560390
Jurisdiction
DALLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Temple & Trade Dc Hldgs LLC
Entity
Mailing address
2801 FLEUR DR, DES MOINES, IA 50321-1703
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
—
Temple & Trade Dc Holdings LLC
—
Deed
related
$350,000 · Greater Iowa Cu
Aug 15, 2023
—
Temple And Trade Dc Holdings LLC
—
Deed
related
$50,000 · Ts Bank
Dec 9, 2020
—
Temple & Trade Dc Hldgs LLC
Joel Woehler
Quit Claim Deed
related
$164,000 · Ts Bk
Apr 10, 2019
$124,875
Size Matters Invs LLC
Knk Props LLC
Warranty Deed
—
Apr 10, 2019
$139,875
Joel L Woehler
Size Matters Invs LLC
Warranty Deed
$65,000 · Greater Ia Cu
Mar 8, 2017
$125,000
Size Matters Investments LLC
Knk Properties LLC
Dual Purpose Document
related
$125,000 · Knk Properties LLC
Feb 17, 2006
$73,000
Knk Properties LLC
Odd Fellows
Warranty Deed
$80,250 · Liberty Federal Savings 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1405 Walnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
