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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Investment properties
8421 University Blvd, Clive, IA 50325-1036
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US25-0304280
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1973
Construction
FRAME
Total area
14,720 SF
Lot
1.47 ac (64,164 SF)
Zoning code
TC-3
APN
291/00403-002-000
UPID
US25-0304280
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
$853k
Blend (final)
Blend
$630k
Owner & transaction history
Forget Properties 16 LLC · 15 yrs held
Forget Properties 16 LLC
since 2011
7 recorded transactions
Zoning & alternative use
TC-3 · Clive, 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 Clive submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clive 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
$630k
Range $567k – $693k · ±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
$43 / 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
$25,284
Tax year 2020
Assessed value
$1,100,000
Assessed 2023
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$518,000
Assessed improvement
$582,000
Land market value
$518,000
Improvement market value
$582,000
Total market value
$1,100,000
Applied tax rate
20.0000
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
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Rooms
5
Bathrooms
2
Total area
14,720 SF
Lot
1.47 ac (64,164 SF)
Zoning code
TC-3
APN
291/00403-002-000
UPID
US25-0304280
Jurisdiction
POLK
Zoning & alternative use
TC-3 · Clive, IA
Zoning TC-3 · permitted uses
TC-3 · Clive, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clive. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Rooms
5
Bathrooms
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Forget Properties 16 LLC
Entity
Mailing address
8421 UNIVERSITY BLVD STE G, CLIVE, IA 50325-1036
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2020
—
Forget Props 16 LLC
—
Deed
related
$1,070,000 · Peoples Bk
Aug 5, 2016
—
Forget Properties 16 LLC
—
Deed
related
$1,860,000 · American Trust & Savings Bank
Apr 27, 2011
$924,500
Forget Properties 16 LLC
Betty J Mona
Warranty Deed
$1,380,000 · First Federal Savings Bank Of Iowa
Apr 5, 2011
—
Forget Properties 16 LLC
Forget Arnold R Family Trust
Quit Claim Deed
—
Jun 15, 2009
—
City Of Clive Iowa
Forget Arnold R Trust
Grant Deed
—
Jun 15, 2009
$1,500
City Of Clive Iowa
Mona,betty J
Warranty Deed
—
Dec 20, 2005
—
Betty J Mona
8421 Lc
Quit Claim Deed
related
—
—
—
Forget Props 16 LLC
—
Deed Of Trust
related
$1,070,000 · Peoples Bk
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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