Entity Owned Property summary
AI-generated overview
This single-tenant industrial property, located at 1420 Stamy Rd, Hiawatha, IA 52233, offers 12,457 square feet of versatile space. The building, constructed in 1998, sits on a 2.45-acre lot and is zoned I-2. It features a blend of office and warehouse space, ideal for a variety of businesses. Approximately 4,000 square feet are dedicated to climate-controlled office space, and another 4,000 square feet provide climate-controlled production area. The remaining 4,500 square feet comprise the warehouse area, equipped with one 9' x 10' dock-high door and two 12' x 10' drive-in doors. The property's ample lot size presents opportunities for future expansion. This exceptional property is available for sale or lease and is conveniently located near Sherman Rd (Cross Street). The building is a single-story structure with one building on the property. The property's APN is 11294-52011-00000. This is a fantastic opportunity for businesses seeking a functional and expandable industrial space in a prime Hiawatha location.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1998
Total area
12,457 SF
Lot
2.45 ac (106,722 SF)
APN
11-29-4-52-011-0-0000
UPID
US25-0805529
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Consultant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$850k
Owner & transaction history
since 2024
Last sale
$850,000
1 recorded transaction
Zoning & alternative use
Top alternative use upside
Restaurant
$1.4M
+79.1%
Auto repair, garage
$1.3M
+68.7%
Neighborhood: shopping center
$1.3M
+62.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$850k
Value range
$765k – $935k
±10% around blend
Estimated value / SF
$68 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
30
$765k
blend $850k
$935k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,457 SF
Lot area
2.45 ac
Year built
1998
APN
11-29-4-52-011-0-0000
Assessed value
$1,116,700
Annual tax
$27,478
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$398k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.1 mi away · 12,000 SF
15.5 mi away · 13,584 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$850k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 91 sales
$63
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $68/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+79%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Medical Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$850k
Move the market yield to see immediate price impact.
Value / SF
$68
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$54k
$1.07M
$765k
$595k
$60k
$1.19M
$850k
$661k
$65k
$1.31M
$935k
$727k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$375k
2.3 mi · Sep 2025 · $33/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$27,478
Tax year 2022
Assessed value
$1,116,700
Assessed 2023
Previous assessed
$1,116,700
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$282,500
Assessed improvement
$834,200
Land market value
$282,500
Improvement market value
$834,200
Total market value
$1,116,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1998
Buildings
2
Total area
12,457 SF
Lot
2.45 ac (106,722 SF)
APN
11-29-4-52-011-0-0000
UPID
US25-0805529
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Buildings
2
Lot
2.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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