Financial
Distress signals
Property profile

5350 Merle Hay Rd Johnston, IA 50131

OFF-MARKET
Drive through restaurants
Property ID
US25-0247990
1,643 SF 0.76 ac lot Built 2002
Last sale Mar 2022 · $53,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

Assessed value$1.01M
Assessed land$350k
Assessed improvement$657k
Value estimate · Sep 2026
$2.23M
$2.01M – $2.45M
AI approach$2.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$172/SF
County average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$90 – $264
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

C-3
3. Regional Commercial District. The intent of the C-3 District is to accommodate medium and high intensity commercial uses with access a...
General categoryCOMMERCIAL
JurisdictionPOLK
Location intelligence

Which uses thrive at this corner?

Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness8.0
Pharmacy8.7
Skin Care Clinic8.2

Location

5350 Merle Hay Rd Johnston, IA 50131-1207
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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More about this property
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