Technical
Financial
Distress signals
Property profile

96 Paine Cir Bondurant, IA 50035

OFF-MARKET
Strip malls
Property ID
US25-0116592
8,700 SF 1.13 ac lot Built 2021
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2021
Construction STEEL FRAME
Total area 8,700 SF
Lot 1.13 ac (49,179 SF)
APN 231/00213-060-006
UPID US25-0116592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

96 Paine Cir Bondurant, IA 50035-1488
Bondurant metro Census 10102 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$160k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.3M +53.5%
Medical building $1.3M +53.1%
Retail stores $1.0M +18.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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