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Property profile & analytics
OFF-MARKET
Estimated value
$15,535,000
Warehouses
5535 Hwy 22nd SE Lone Tree, IA 52755-7725
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-2310381
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
101,364 SF
Lot
29.69 ac (1,293,296 SF)
APN
1711129001
UPID
US25-2310381
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
$12.15M
Comparable Approach
Comparable
$14.64M
Blend (final)
Blend
$15.54M
Owner & transaction history
Syngenta Seeds LLC · 1 yrs held
Syngenta Seeds LLC
since 2024
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$18.6M
+58.9%
Retail stores
$16.0M
+36.6%
Office building
$13.1M
+12.0%
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 Lone Tree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lone Tree 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,165,000
6.5%
$12,150,000
7%
$11,285,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$18,550,000
Change: +59% · Conversion: Moderate
RETAIL STORES
$15,950,000
Change: +37% · Conversion: Moderate
OFFICE BUILDING
$13,070,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,115,000
Change: -5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,470,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$15.54M
Range $13.98M – $17.09M · ±10%
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
$153 / 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
$162,942
Tax year 2023
Assessed value
$7,321,000
Assessed 2024
Previous assessed
$7,321,000
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$391,100
Assessed improvement
$6,929,900
Land market value
$391,100
Improvement market value
$6,929,900
Total market value
$7,321,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Buildings
20
Stories
1
Total area
101,364 SF
Lot
29.69 ac (1,293,296 SF)
APN
1711129001
UPID
US25-2310381
Jurisdiction
JOHNSON
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
WAREHOUSE, STORAGE Current
Est. value
$11.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.6M
RETAIL STORES
Est. value
$16.0M
OFFICE BUILDING
Est. value
$13.1M
COMMERCIAL (GENERAL)
Est. value
$11.1M
INDUSTRIAL (GENERAL)
Est. value
$9.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2007
Construction
STEEL FRAME
Stories
1
Buildings
20
Lot
29.69 ac
Current owner
From public records · entity-resolved
Syngenta Seeds LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9 DAVIS DR STE #100, RESEARCH TRIANGLE PARK, NC 27709-0003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
—
Syngenta Seeds LLC
Fnlr Need For Seed LLC
Lease
—
Dec 27, 2007
—
Syngenta Seeds INC
The Old Second National Bank
Warranty Deed
—
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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