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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Warehouses
1775 Commercial Dr Walford, IA 52351-5471
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US25-0491834
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
15,620 SF
Lot
3.5 ac (152,460 SF)
APN
20302-01009-00000
UPID
US25-0491834
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
-
D.W Zinser Company Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$1.28M
Owner & transaction history
D W Zinser Co · 19 yrs held
D W Zinser Co
since 2007
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+120.8%
Auto repair, garage
$1.7M
+108.0%
Neighborhood: shopping center
$1.6M
+100.2%
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 Walford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,535,000
6.5%
$1,420,000
7%
$1,315,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$800,000
Current use
RESTAURANT
$1,770,000
Change: +121% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,665,000
Change: +108% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,605,000
Change: +100% · Conversion: Moderate
MEDICAL BUILDING
$1,560,000
Change: +95% · Conversion: Difficult
RETAIL STORES
$1,255,000
Change: +57% · Conversion: Moderate
OFFICE BUILDING
$1,235,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$985,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10%
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
$82 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$25,236
Tax year 2023
Assessed value
$924,500
Assessed 2024
Previous assessed
$924,500
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$195,000
Assessed improvement
$729,500
Land market value
$195,000
Improvement market value
$729,500
Total market value
$924,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
RADIANT
Cooling
YES
Buildings
3
Stories
1
Bathrooms
1
Total area
15,620 SF
Lot
3.5 ac (152,460 SF)
APN
20302-01009-00000
UPID
US25-0491834
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$800,000
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$985,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
D W Zinser Co
Entity
Mailing address
1775 COMMERCIAL DR, WALFORD, IA 52351-5471
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2007
$100,000
D W Zinser Co
Sevig,gordon & Shirley
Warranty Deed
$80,000 · Bank Iowa
—
—
Dw Zinser Co
—
Deed Of Trust
related
$235,000 · Bank Iowa
—
—
Dv Zinser Co
—
Deed Of Trust
related
$436,000 · Bankers Trust Co
—
—
Zinser Properties LLC
—
Deed Of Trust
related
$385,883 · Bankers Trust Co
—
—
Dv Zinser Co
—
Deed Of Trust
related
—
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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