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Property profile & analytics
OFF-MARKET
Retail space
15 Main SE St Bondurant, IA 50035-7720
Entity Owned
~
Est. High Equity
Property ID
US25-0265117
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
FRAME
Total area
2,944 SF
Lot
0.1 ac (4,200 SF)
Zoning code
R-3
APN
231/00080-003-000
UPID
US25-0265117
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
-
Off the Rails Quilting & Yarn Nook (Bike/Boat/Book/etc) Store Home Decor Store
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
Jade Street LLC
Jade Street LLC
since 2026
Last sale
$380,000
6 recorded transactions
Zoning & alternative use
R-3 · Bondurant, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-3 District is intended and designed to provide for certain higher density residential areas of the City now developed with multiple-family dwellings predominantly, and areas where similar residential development seems likely to occur
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
97.02 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 Bondurant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bondurant 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
$4,054
Tax year 2020
Assessed value
$320,000
Assessed 2023
Previous assessed
$320,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$8,400
Assessed improvement
$311,600
Land market value
$8,400
Improvement market value
$311,600
Total market value
$320,000
Applied tax rate
4.0000
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
2014
Construction
FRAME
Heating
YES
Buildings
1
Stories
2
Rooms
8
Bathrooms
1
Total area
2,944 SF
Lot
0.1 ac (4,200 SF)
Zoning code
R-3
APN
231/00080-003-000
UPID
US25-0265117
Jurisdiction
POLK
Zoning & alternative use
R-3 · Bondurant, IAZoning R-3 · permitted uses
R-3 · Bondurant, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-3 District is intended and designed to provide for certain higher density residential areas of the City now developed with multiple-family dwellings predominantly, and areas where similar residential development seems likely to occur
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
97.02 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2014
Construction
FRAME
Heating
YES
Stories
2
Buildings
1
Rooms
8
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jade Street LLC
Entity
Mailing address
814 NE LK VW DR, ANKENY, IA 50021-4541
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
$380,000
Jade Street LLC
Bad Friend LLC
Warranty Deed
$304,000 · Northwest Bank
Oct 5, 2016
$160,000
Bad Friend LLC
Ww Futures LLC
Warranty Deed
$128,000 · Legacy Bank
Sep 21, 2009
$73,000
Ww Futures LLC
Hickey,barbara J
Warranty Deed
—
Sep 21, 2009
$40,000
Barbara J Hickey
Greenfield,steven L & Barbara
Warranty Deed
—
Sep 21, 2009
—
Steven L Greenfield
Polly,bruce A
Quit Claim Deed
related
—
Aug 16, 2007
$25,000
Steven L Greenfield
Lewis,c Arlene
Warranty Deed
—
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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