Technical
Financial
Distress signals
Property profile

404 Commerce Prairie City, IA 50228

OFF-MARKET
Office buildings
Property ID
US25-1437860
5,957 SF 0.82 ac lot Built 2009
Individually Owned 20-yr Hold Absentee Owner
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Construction FRAME
Total area 5,957 SF
Lot 0.82 ac (35,719 SF)
APN 1602126013
UPID US25-1437860

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

404 Commerce Prairie City, IA 50228-8560
Prairie City metro Census 40700 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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