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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Strip malls

8705 Chambery Blvd Johnston, IA 50131-3137

9,650 SF 2.08 ac lot Built 2014
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US25-1388259
Property summary
AI-generated overview

This Johnston, IA office building, located at 8705 Chambery Boulevard, presents a compelling investment opportunity. While the precise square footage is currently unavailable, the property is offered at an asking price of $19 million. The property sits on a lot with no acreage specified. Further details regarding the available space and lease rates are not currently available through public records or the seller's provided information. Interested parties are encouraged to conduct their own due diligence to ascertain the precise dimensions and layout of the building. The property's location in Johnston offers convenient access to major transportation routes and amenities, making it an attractive proposition for businesses seeking a strategic location. The absence of detailed specifications underscores the need for prospective buyers to undertake a thorough site visit and independent assessment to fully understand the property's potential. All information provided is based solely on data obtained from the seller and public records, and should be verified independently. This presents a unique chance to acquire a significant office property in a thriving Iowa market. Serious inquiries only.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2014
Construction STEEL FRAME
Total area 9,650 SF
Lot 2.08 ac (90,518 SF)
APN 241/00372-877-001
UPID US25-1388259
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M
Owner & transaction history
Stre LLC · 5 yrs held
Stre LLC
since 2020
4 recorded transactions
2021
Price N/A
2020
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.7M +74.6%
Auto repair, garage $1.5M +57.5%
Apartment house (5+ units) $1.5M +53.5%
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