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    Property profile & analytics

    5504 88th St Johnston, IA 50131

    • Investment properties
    • 11,855 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimation
    $4,175,000
    Last Sale
    Nov 18, 2022
    $4,380,000
    Location Intelligence
    Property ID
    US25-0307261
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 5504 88th St

    Year built
    2004
    Construction
    FRAME
    Lot size
    1.36 lot acres
    Property size
    11,855 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    241/00484-024-123
    APU
    24100484024123

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,130,000
      6.5%
      $4,270,000
      7%
      $4,635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,895,000
      Geo Method
      $4,520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,080,000
      Retail
      $4,300,000
      Mixed-Use
      $4,565,000
      Hospitality
      $4,970,000
      Educational
      $4,870,000
      Residential Income
      $4,140,000
      Energy
      $4,025,000
      Income-Based Land
      $4,205,000
      Food Service
      $4,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.7409
    Latitude
    41.6597
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $50,716
    $438,000
    $1,342,000
    $1,780,000
    -
    $438,000
    $1,342,000
    $1,780,000

    Comparable in this City

    • Value Estimation by Request
      64,032 SF

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    • Value Estimation by Request
      392 SF

      Johnston, IA 50131

      OFFICE/RESIDENTIAL (MIXED USE) • 392 SF
      Johnston, IA 50131
      View Details
    • Value Estimation by Request
      33,140 SF

      5435 100th St

      OFFICE/RESIDENTIAL (MIXED USE) • 33,140 SF
      5435 100th St, Johnston, IA 50131-4818
      View Details
    • Value Estimation by Request
      512 SF

      5721 57th Ave, Unit 14

      OFFICE/RESIDENTIAL (MIXED USE) • 512 SF
      5721 57th Ave, Johnston, IA 50131
      View Details
    • Value Estimation by Request
      197,658 SF

      8305 62nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 197,658 SF
      8305 62nd Ave, Johnston, IA 50131-8820
      View Details
    • Value Estimation by Request
      146,025 SF

      5355 86th St

      OFFICE/RESIDENTIAL (MIXED USE) • 146,025 SF
      5355 86th St, Johnston, IA 50131-2781
      View Details

    Similar Nearby for Sale

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      Land in a premier neighborhood with space, nature, and convenience.
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    Similar Nearby for Lease

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      Prime Johnston location, flexible suites available
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      Well-maintained office space with drive-thru potential in Johnston, Iowa.
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      View Details
    • $11 SF/Yr
      5,856 SF

      Office/Flex/Lab Space Sublease

      5,856 SF office/flex/lab space for sublease, immediate availability.
      5501 NW Beaver Dr, Johnston, IA 50131
      View Details
    • $16 SF/Yr
      3,519 SF

      Turnkey Office Space Available

      Furnished office space for rent with flexible lease terms.
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    • $15 SF/Yr
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      Johnston Warehouse with Office Space

      Warehouse with showroom/office space, drive-in doors, and outdoor storage.
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      View Details
    • Contact for pricing
      32,000 SF

      Des Moines NW Johnston Dr Office/Retail

      Prime Des Moines location; build-to-suit options.
      5450 Johnston Dr, Johnston, IA 50131
      View Details
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    5504 88th St
    Johnston, IA 50131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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