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Property profile & analytics
OFF-MARKET
Retail space
619 Story St Boone, IA 50036-2833
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1208620
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
3,000 SF
Lot
0.08 ac (3,350 SF)
Zoning code
INC
APN
88426281282112
UPID
US25-1208620
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
-
Central Iowa Realtor, Rebecca Elliott, iHome Realty Real Estate Agency
-
iHome Realty Real Estate Agency
-
Amanda Nichols, iHome Realty Real Estate Agency
-
Danielle Minde, Realtor Real Estate Agency
-
RealtorChrisKew Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hive And Bloom Properties LLC · 1 yrs held
Hive And Bloom Properties LLC
since 2025
4 recorded transactions
Zoning & alternative use
INC · Boone, 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 Boone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boone 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,222
Tax year 2023
Assessed value
$68,910
Assessed 2024
Previous assessed
$68,910
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$9,620
Assessed improvement
$59,290
Land market value
$9,620
Improvement market value
$59,290
Total market value
$68,910
Applied tax rate
622.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,000 SF
Lot
0.08 ac (3,350 SF)
Zoning code
INC
APN
88426281282112
UPID
US25-1208620
Jurisdiction
BOONE
Zoning & alternative use
INC · Boone, IAZoning INC · permitted uses
INC · Boone, 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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Hive And Bloom Properties LLC
Entity
Mailing address
1512 BURNETT AVE, AMES, IA 50010-5335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 28, 2025
$45,000
Hive And Bloom Properties LLC
Stefanie Biedron
Deed
related
$45,000 · Liquid Lending Solutions LLC
Nov 25, 2019
$80,000
James Fangmann
5o Project LLC
Warranty Deed
—
Nov 13, 2019
$80,000
James Fangmann
Fivge O Project LLC
Warranty Deed
—
Dec 20, 2007
$67,500
Mark A Barton
James W Pollard
Warranty Deed
$52,000 · Bank Of The West
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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