Entity Owned Property summary
AI-generated overview
The property is a retail space located in a retail corridor in West Des Moines, near Jordan Creek Town Center. It contains 2,298 square feet of retail area and is situated within a commercial shopping corridor setting that supports regular pedestrian traffic.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2022
Total area
9,188 SF
Lot
2.07 ac (90,169 SF)
APN
1611428009
UPID
US25-1327143
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
-
(Bike/Boat/Book/etc) Store Pharmacy
-
Spa & Massage Center Alternative Medicine Practice
-
Cafe & Coffee Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
since 2022
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$1.0M
+440.7%
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 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.30M
Value range
$1.17M – $1.42M
±10% around blend
Estimated value / SF
$141 / SF
Confidence
High
5 county-verified comps
Property data
88
Comparable evidence
50
$1.17M
blend $1.30M
$1.42M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,188 SF
Lot area
2.07 ac
Year built
2022
Stories
1
APN
1611428009
Assessed value
$3,864,440
Annual tax
$42,980
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.76M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.90M
@ 6.5% CAP return
$1.76M
@ 7% CAP return
$1.63M
4
Sales comparison
Partial preview
Sales approach indication
$1.79M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.3 mi away · 9,296 SF
16.4 mi away · 10,800 SF
16.8 mi away · 9,800 SF
18.2 mi away · 9,700 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.30M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+441%
vs current-use indication
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.80%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.80%
9.0%
NOI (est.)
$101k *
Last sale · May 2020
$1.44M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.15M
Move the market yield to see immediate price impact.
Value / SF
$125
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
8.30%8.80%9.30%
$91k
$1.09M
$1.03M
$975k
$101k
$1.21M
$1.15M
$1.08M
$111k
$1.34M
$1.26M
$1.19M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.19M
9.2 mi · Dec 2025 · $228/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$42,980
Tax year 2022
Assessed value
$3,864,440
Assessed 2023
Previous assessed
$1,452,710
+166.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,442,710
Assessed improvement
$2,421,730
Land market value
$1,442,710
Improvement market value
$2,421,730
Total market value
$3,864,440
Applied tax rate
690,000.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2022
Heating
NONE
Buildings
2
Stories
1
Total area
9,188 SF
Lot
2.07 ac (90,169 SF)
APN
1611428009
UPID
US25-1327143
Jurisdiction
DALLAS
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
2022
Heating
NONE
Stories
1
Buildings
2
Lot
2.07 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.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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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