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Property profile & analytics
OFF-MARKET Estimated value $1,055,000
Hotels

300 Boulder Pointe Polk City, IA 50226-1074

25,125 SF 3.7 ac lot Built 2013
Entity Owned 8-yr Hold Free & Clear
Property ID
US25-0586269
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2013
Construction FRAME
Total area 25,125 SF
Lot 3.7 ac (161,303 SF)
Zoning code PUD
APN 261/00307-799-008
UPID US25-0586269
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$991k
Blend (final) Blend
$1.06M
Owner & transaction history
Lotus Hotel Group LLC · 8 yrs held
Lotus Hotel Group LLC
since 2018
4 recorded transactions
2018
Price N/A
2018
$1.4M
2018
Price N/A
2012
$150,000
Zoning & alternative use
PUD · Polk City, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PUD district shall be reserved for only those developments, which meet one or more of the following criteria: A. Developments that provide for varying land uses to coexist within the same development so that the growing demands of the population may be met by greater variety in type, design, and layout. B. Developments which encourage a more efficient use of…

Zone name Planned Unit Development District
General category PLANNED_DEVELOPMENT
Zone area 603.50 ac
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