Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

8600 Thomas Ave Johnston, IA 50131

FOR LEASE
Strip malls
Property ID
US25-1248326
11,474 SF 1.9 ac lot Built 2013
Last sale Jan 2015 · $2,707,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$93k
Tax billed · 2020
Assessed value · 2023$2.60M
Assessed land$1.01M
Assessed improvement$1.59M
Effective rate3.59%

Value estimate

· Oct 2026
$1.19M
$1.07M – $1.31M
NOI build-up
Gross scheduled income$200k
Vacancy & credit loss−$16k
Operating expenses−$55k
NOI · 1,076,808.33% cap applied$129k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152
Qualifying comparables7

Cap rate analysis

How does the asset earn?
1,076,808.33%
$129k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.6
HVAC Service10.8
Convenience Store9.7

Location

8600 Thomas Ave Johnston, IA 50131
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5335 Merle Hay, Johnston, IA 50131-1238 $2,100,000 Feb 2026 12,500 SF
5370 86th, Johnston, IA 50131-1785 $333,000 Dec 2023 15,650 SF
5965 Merle Hay, Johnston, IA 50131-1396 $1,025,000 Dec 2023 8,040 SF
10100 62nd, Johnston, IA 50131-2914 $1,600,000 Sep 2019 8,486 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved