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Property profile

8705 Chambery Blvd Johnston, IA 50131

FOR SALE
Strip malls
Property ID
US25-1388259
9,650 SF 2.08 ac lot Built 2014
Last sale Oct 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

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?
$71k
Tax billed · 2020
Assessed value · 2023$2.51M
Assessed land$964k
Assessed improvement$1.55M
Effective rate2.85%

Value estimate

· Oct 2026
$1.01M
$905k – $1.11M
NOI build-up
Gross scheduled income$139k
Vacancy & credit loss−$12k
Operating expenses−$38k
NOI · 3.56% cap applied$89k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
3.56%
$89k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Shop11.7
HVAC Service11.4
Hair Salon10.8

Location

8705 Chambery Blvd Johnston, IA 50131
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 8 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
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