Technical
Financial
Distress signals
Property profile

Runnells, IA 50237

OFF-MARKET
Commercial real estate
Property ID
US25-0556337
6,990 SF 80 ac lot Built 1973
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Total area 6,990 SF
Lot 80 ac (3,484,800 SF)
Zoning code MDR
APN 160/00196-000-000
UPID US25-0556337

Cap rate & NOI

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

Location

Runnells, IA 50237
Runnells metro Census 10702 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
$1.07M
Comparable Approach Comparable
$882k
Blend (final) Blend
$955k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2016
Price N/A

Zoning & alternative use

MDR · Runnells, IA
Top alternative use upside
Restaurant $1.2M +57.4%
Auto repair, garage $1.1M +42.0%
Apartment house (5+ units) $1.1M +38.4%

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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