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Property profile & analytics
FOR LEASE
Investment properties
5731 Greendale Rd Johnston, IA 50131-1593
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US25-2561901
For Lease
1 / 10
Contact for pricing
5731 Greendale Rd, Johnston, IA 50131-1593
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1993
Construction
FRAME
Total area
13,580 SF
Lot
0.79 ac (34,238 SF)
Zoning code
PUD
APN
241/01000-498-403
UPID
US25-2561901
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$645k
Owner & transaction history
Mpf Group LLC · 16 yrs held
Mpf Group LLC
since 2009
4 recorded transactions
Zoning & alternative use
PUD · Johnston, 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 Johnston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnston 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$47 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$23,428
Tax year 2020
Assessed value
$907,000
Assessed 2023
Previous assessed
$907,000
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$217,000
Assessed improvement
$690,000
Land market value
$217,000
Improvement market value
$690,000
Total market value
$907,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1993
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
13,580 SF
Lot
0.79 ac (34,238 SF)
Zoning code
PUD
APN
241/01000-498-403
UPID
US25-2561901
Jurisdiction
POLK
Zoning & alternative use
PUD · Johnston, IAZoning PUD · permitted uses
PUD · Johnston, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Mpf Group LLC
Entity
Mailing address
7365 NW 54TH CT, JOHNSTON, IA 50131-1258
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Mpf Group LLC
—
Deed
related
$90,000 · Northwest Bank
Sep 13, 2018
—
Mpf Group LLC
—
Deed
related
$425,000 · Iowa Savings Bank
Dec 23, 2009
$692,500
Mpf Group LLC
Mtlf Holdings LLC
Warranty Deed
$550,000 · Earlham Savings Bank
Feb 16, 2007
$540,000
Mtlf Holdings LLC
Duberstein,danny L & Karen L
Warranty Deed
$540,000 · Charter Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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