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Property profile & analytics
OFF-MARKET
Retail space
17 Main SE St Bondurant, IA 50035-7720
Individually Owned
1-yr Hold
Free & Clear
Property ID
US25-0279083
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
FRAME
Total area
2,145 SF
Lot
0.11 ac (4,620 SF)
Zoning code
R-3
APN
231/00078-001-000
UPID
US25-0279083
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
-
Rebel Reiki Alternative Medicine Practice
-
Baer Necessities Salon & Tan Tanning Salon
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
Scott Blaha · 1 yrs held
Scott Blaha
since 2025
Last sale
$275,000
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
$2,866
Tax year 2020
Assessed value
$152,000
Assessed 2023
Previous assessed
$152,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$8,700
Assessed improvement
$143,300
Land market value
$8,700
Improvement market value
$143,300
Total market value
$152,000
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
5
Bathrooms
1
Total area
2,145 SF
Lot
0.11 ac (4,620 SF)
Zoning code
R-3
APN
231/00078-001-000
UPID
US25-0279083
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
5
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Scott Blaha
Individual
Free & Clear · 1 yrs held
Mailing address
814 NE LK VW DR, ANKENY, IA 50021-4541
Ownership since
2025
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
Jun 18, 2025
$275,000
Scott Blaha
Bad Friend LLC
Warranty Deed
—
Feb 18, 2021
$175,000
Bad Friend LLC
Dng Properties LLC
Warranty Deed
$172,000 · Legacy Bank
Nov 7, 2019
$136,000
Dng Props LLC
Dng Props LLC
Warranty Deed
related
—
Jul 11, 2014
$112,000
Dng Properties LLC
Jick Investors Corp
Warranty Deed
—
Jul 11, 2014
—
Dng Properties LLC
Baer,dennis
Grant Deed
related
—
May 26, 2009
$112,000
Dennis Baer
Jick Investors Corp
Grant 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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