Property profile

7280 62nd Ave Johnston, IA 50131

OFF-MARKET
Life science properties
Property ID
US25-1131386
134,781 SF 40.09 ac lot Built 1996
Trust Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1996
Construction STEEL FRAME
Total area 134,781 SF
Lot 40.09 ac (1,746,132 SF)
APN 241/00523-053-003
UPID US25-1131386

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7280 62nd Ave Johnston, IA 50131
Johnston metro Census 11702 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$645k

Owner & transaction history

since 2021
1 recorded transaction
2021
$5.0M

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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