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Property profile

8700 Cres Chase Johnston, IA 50131

OFF-MARKET
Other investment properties
Property ID
US25-0085957
30,184 SF 2.49 ac lot Built 2018
Last sale Mar 2023 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 8700 Crescent Chase in Johnston, Iowa, the property is a commercial building constructed in 2009 that received renovations in 2018, including updated interior finishes. The interior layout includes an open floor plan intended to take advantage of natural light, with the configuration allowing for multiple floor plan choices. The building contains approximately 30,184 square feet of total area and includes an outdoor patio.

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?
$155k
Tax billed · 2020
Assessed value · 2023$2.40M
Assessed land$557k
Assessed improvement$1.84M
Effective rate6.44%

Value estimate

· Oct 2026
$2.77M
$2.49M – $3.04M
AI approach$2.68M
Submarket $/SF estimate$2.40M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $196
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUD
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.2
Auto Repair Shop14.1
Hair Salon14.0

Location

8700 Cres Chase Johnston, IA 50131-2209
County assessor Recorded deeds · 3 transfers 8 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8951 Windsor, Johnston, IA 50131-2566 $2,700,000 Dec 2025 11,595 SF
5408 88th, Johnston, IA 50131-2953 $1,400,000 May 2024 15,972 SF
8800 62nd, Johnston, IA 50131-2849 $3,650,000 Jan 2024 42,000 SF
9201 Northpark, Urbandale, IA 50131-2933 $10,820,500 Nov 2022 14,000 SF
5504 88th, Johnston, IA 50131 $4,380,000 Nov 2022 11,855 SF
5605 100th, Johnston, IA 50131-1803 $3,917,000 Apr 2021 33,460 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
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