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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
41911 Industrial Dr Oakland, IA 51560-4622
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0033244
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
7,800 SF
Lot
3.72 ac (162,043 SF)
Zoning code
I-2
APN
7640 25 476 008
UPID
US25-0033244
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
-
Pottawattamie County Recycling Center Recycling Center Waste Management Facility
-
Crs Mechanical Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$740k
Owner & transaction history
Pottawattamie Cnty · 9 yrs held
Pottawattamie Cnty
since 2017
7 recorded transactions
Zoning & alternative use
I-2 · Oakland, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$890,000
+20.3%
Commercial (general)
$880,000
+18.9%
Restaurant
$750,000
+1.5%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$740,000
Current use
APARTMENT HOUSE (5+ UNITS)
$890,000
Change: +20% · Conversion: Easy
COMMERCIAL (GENERAL)
$880,000
Change: +19% · Conversion: Easy
RESTAURANT
$750,000
Change: +1% · Conversion: Moderate
MEDICAL BUILDING
$655,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$95 / 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
Applied tax rate
35.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
7,800 SF
Lot
3.72 ac (162,043 SF)
Zoning code
I-2
APN
7640 25 476 008
UPID
US25-0033244
Jurisdiction
POTTAWATTAMIE
Zoning & alternative use
I-2 · Oakland, IAZoning I-2 · permitted uses
I-2 · Oakland, IA
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
OFFICE BUILDING Current
Est. value
$740,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$880,000
RESTAURANT
Est. value
$750,000
MEDICAL BUILDING
Est. value
$655,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.72 ac
Current owner
From public records · entity-resolved
Pottawattamie Cnty
Individual
Mailing address
227 S 6TH ST, COUNCIL BLUFFS, IA 51501-4269
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2017
$255,000
Pottawattamie Cnty
Allensworth Outdoors LLC
Warranty Deed
—
Jun 15, 2011
—
Allensworth Outdoors LLC
—
Trustees Deed
related
$129,000 · Cass County Bank
Jun 3, 2011
—
Allensworth Outdoors LLC
Allensworth,chris & Rachel
Quit Claim Deed
related
—
Oct 27, 2010
$36,028
Chris Allensworth
Reed,phillip L & Denise R
Warranty Deed
—
Aug 23, 2010
$121,500
Phillip Reed
Western Ventures INC
Warranty Deed
—
—
—
Phil L Reed
—
Deed Of Trust
related
$200,000 · Liberty Bank Fsb-br 1
—
—
Chris J Allensworth
—
Deed Of Trust
related
$100,000 · Liberty Federal Savings Bank
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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