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Property profile & analytics
OFF-MARKET
Turn key restaurants
4954 86th St, Urbandale, IA 50322-1049
Entity Owned
~
Est. High Equity
Property ID
US25-0570220
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2013
Construction
FRAME
Total area
6,246 SF
Lot
1.43 ac (62,204 SF)
Zoning code
PUD
APN
312/00315-125-202
UPID
US25-0570220
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R & J Weis Holding Company 14 LLC
R & J Weis Holding Company 14 LLC
since 2025
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
PUD · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Urbandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbandale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$58,398
Tax year 2020
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,600,000
+0.0% YoY
Effective rate
3.65%
On assessed value
Assessed land
$1,050,000
Assessed improvement
$550,000
Land market value
$1,050,000
Improvement market value
$550,000
Total market value
$1,600,000
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2013
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
6,246 SF
Lot
1.43 ac (62,204 SF)
Zoning code
PUD
APN
312/00315-125-202
UPID
US25-0570220
Jurisdiction
POLK
Zoning & alternative use
PUD · Urbandale, IA
Zoning PUD · permitted uses
PUD · Urbandale, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Urbandale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
R & J Weis Holding Company 14 LLC
Entity
Mailing address
1265 ALAMEDA BLVD, CORONADO, CA 92118-2734
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
$3,900,000
R & J Weis Holding Company 14 LLC
Park Avenue Partners Lc
Warranty Deed
$3,600,000 · Iowa State Bank
Jul 15, 2019
$2,718,000
Park Ave Ptrs Lc
Spider Monkey LLC
Warranty Deed
$2,038,358 · Community Busn Lndr Svc
Sep 13, 2017
$2,247,000
Spider Monkey LLC
Three Wise Men LLC
Warranty Deed
$2,740,000 · University Of Ia Cmnty Cu
Jul 8, 2016
—
Three Wise Men LLC
—
Deed
related
$4,286,500 · Bankers Tr
Mar 4, 2016
$2,050,500
Three Wise Men LLC
Tattos Properties LLC
Warranty Deed
$1,708,000 · Uiccu Fin'l
—
—
Tattos Properties LLC
—
Loan Modification
related
$2,230,000 · South Story Bank & Trust
—
—
Tattos Properties LLC
—
Deed Of Trust
related
$993,000 · Corporation/economic Dev/des M
—
—
Three Wise Men LLC
—
Deed Of Trust
related
$4,286,500 · Bankers Tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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