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Property profile & analytics
OFF-MARKET Estimated value $780,000
Warehouses

4901 57th Ave Johnston, IA 50131-1477

12,500 SF 1.63 ac lot Built 2017
Entity Owned 8-yr Hold Free & Clear
Property ID
US25-0227149
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2017
Construction STEEL FRAME
Total area 12,500 SF
Lot 1.63 ac (70,832 SF)
Zoning code M-1
APN 241/00313-017-004
UPID US25-0227149
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
$861k
Blend (final) Blend
$780k
Owner & transaction history
Dpc Ents LLC · 8 yrs held
Dpc Ents LLC
since 2017
4 recorded transactions
2017
Price N/A
2017
$1.2M
2017
$210,000
2012
Price N/A
Zoning & alternative use
M-1 · Johnston, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6. Light Industrial District. The intent of the M-1 District is to provide areas of the City suitable for light industrial uses such as assembly, fabrication, and processing of goods and materials, where industrial activities are conducted primarily within buildings and where the byproducts of industrial activities, such as noise, odors, smoke, and storage a…

Zone name Light Industrial District
General category INDUSTRIAL
Zone area 142.27 ac
Top alternative use upside
Neighborhood: shopping center $1.2M +15.6%
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