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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Truck terminals
5337 22nd St, Des Moines, IA 50313-2525
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-2394544
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1977
Construction
STEEL FRAME
Total area
9,750 SF
Lot
6.25 ac (272,045 SF)
APN
190/00507-010-001
UPID
US25-2394544
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
-
YRC Freight Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Saia Motor Freight Line LLC · 4 yrs held
Saia Motor Freight Line LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+628.1%
Restaurant
$1.1M
+246.5%
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 Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Moines 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
$1,590,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,355,000
Change: +628% · Conversion: Difficult
RESTAURANT
$1,120,000
Change: +247% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10% · vs last sale $1.76M (Feb 14 2022)
Last sale anchor
$1.76M
Feb 14 2022
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
$180 / 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
Tax billed
$28,238
Tax year 2023
Assessed value
$1,110,000
Assessed 2024
Previous assessed
$1,110,000
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$599,000
Assessed improvement
$511,000
Land market value
$599,000
Improvement market value
$511,000
Total market value
$1,110,000
Applied tax rate
8.0000
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
9,750 SF
Lot
6.25 ac (272,045 SF)
APN
190/00507-010-001
UPID
US25-2394544
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL)
Est. value
$2.4M
RESTAURANT
Est. value
$1.1M
COMMERCIAL (GENERAL)
RESTAURANT
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
1977
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
6.25 ac
Current owner
From public records · entity-resolved
Saia Motor Freight Line LLC
Entity
Mailing address
11465 JOHNS CRK PKWY STE #330, JOHNS CREEK, GA 30097-1572
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Feb 14, 2022
$1,760,000
Saia Motor Freight Line LLC
Yrc INC
Special Warranty Deed
—
Dec 28, 2020
—
Nvr INC
—
Deed
related
$700,000,000 · The Bank Of New York Mellon
Dec 14, 2017
—
Yrc INC
—
Loan Modification
related
$600,000,000 · Credit Suisse Ag Cayman Iss Br
Aug 25, 2014
—
Yrc INC
—
Grant Deed
related
$550,000,000 · Rbs Citizens Busn Cap
Aug 4, 2011
—
Yrc INC
—
Loan Modification
related
$300,000,000 · Wilmington Tr
Aug 21, 2009
—
Yrc INC
—
Grant Deed
related
$300,000,000 · Wilmington Tr Fsb
—
—
Yrc INC
—
Deed Of Trust
related
$700,000 · Credit Suisse Ag Cayman Iss Br
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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