Financial
Distress signals
Property profile

401 Sandpiper Ct Polk City, IA 50226

OFF-MARKET
Commercial real estate
Property ID
US25-2559374
315 SF 0.27 ac lot
Last sale Oct 2013 · $72,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$1k
Tax billed · 2020
Assessed value · 2023$39k
Assessed land$37k
Assessed improvement$2k
Effective rate3.43%

Value estimate

· Sep 2026
$50k
$45k – $55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 496 recorded sales of this use type
Observed band · Q1–Q3$64 – $171

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
C. C-2 Commercial District. The C-2 District is intended and designed to provide for general uses and activities of a retail business, se...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.9
Building Supply12.0
Auto Parts Store11.3

Location

401 Sandpiper Ct Polk City, IA 50226
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Polk City, IA 50226 $35,000 Jun 2024 N/A
705 Brg, Polk City, IA 50226-2259 $295,000 Sep 2022 N/A
101 Brg, Polk City, IA 50226-8005 $850,000 Aug 2021 N/A
102 Brg, Polk City, IA 50226-8005 $1,088,000 Aug 2019 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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