Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Maintenance-Free Cooperative Living Title is generated by Realmo AI

    2592 MIDDLE Road #122, Bettendorf, IA 52722

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $157,500

    Secure, maintenance-free cooperative living for those 55 and better.

    Type:Single Family Detached
    Property size:
    1,797 SF
    Price / SF:
    $87/SF
    Added:
    Jul 22, 2025
    Days on Market:
    306
    Last Refresh:
    May 19 at 10:37 pm

    Property Features for 2592 MIDDLE Road #122

    General Information

    Standard status
    Active
    Size
    1,797 SF
    Property subtype
    Single Family Detached

    Building Details

    Year Built
    2021

    We can help!

    Listing Contact
    Lindsay Thiel

    Listing agent Lindsay Thiel License #6638436

    Listing office Ruhl&Ruhl REALTORS DeWitt

    Listing date Jul 22, 2025

    Source Kw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ruhl&Ruhl REALTORS DeWitt

    HighLights

    • Totally maintenance‑free lifestyle in a secure "55 and better" cooperative community.
    • Open kitchen with 7‑foot island, impressive living room & dining room combo area, and terrace with a view.
    • Large master bedroom with walk‑in closet and en suite bath with double vanity.
    • Two additional bedrooms, guest bath, and large laundry/storage room with side‑by‑side washer/dryer.
    • Amenities include a great room with fireplace and kitchen, clubroom, fitness center, workshop, garden plots, guest suites, conversation lounge, and library.
    • Heated underground parking and all utilities paid except electric.

    Overview

    The Suites of Bettendorf Cooperative offers a secure alternative to home ownership uniquely designed for those seeking a totally maintenance-free lifestyle in a 55 and better community. The Maple Unit features an open kitchen with a 7 foot island overlooking a living room and dining room combo area, a large master bedroom with a walk-in closet, and an en suite bath with a double vanity. The unit also includes two additional bedrooms, a guest bath, and a large laundry/storage room with a side-by-side washer/dryer. Residents can enjoy a view from the terrace. Members of this secure cooperative will enjoy a great room with a fireplace and kitchen, a clubroom, a fitness center, a workshop, garden plots, guest suites, a conversation lounge, a library, and heated underground parking. All utilities are paid except electric. The property size is 1797 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Suites of Bettendorf Retirement Community

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bettendorf
    County
    State
    Iowa
    Longitude
    -90.49768
    Latitude
    41.547938

    Nearby Similar for Sale

    • $3,375,000
      23,090 SF

      Office/Commerce Facility For Sale

      23,090 sq ft office/commerce facility on 3.2+ acres.
      3390 Utica Ridge Rd, Bettendorf, IA 52722
      View Details
    • $5,500,000
      26,979 SF

      Hyvee Anchored Retail Center For Sale

      94% occupied retail center with strong tenant mix.
      2862 Devils Glen Rd, Bettendorf, IA 52722
      View Details
    • $155,100
      1,415 SF

      Bettendorf 55+ Cooperative Living

      All-inclusive 55+ cooperative living with extensive amenities.
      2592 MIDDLE Road 318, Bettendorf, IA 52722
      View Details
    • $399,900
      1,920 SF

      Prime Office Location in Bettendorf

      Excellent office location with custom build-out options.
      3648 UTICA RIDGE Road, Bettendorf, IA 52722
      View Details
    • $399,900
      1,920 SF

      Prime Office Location in Bettendorf

      Excellent access, quality construction, customizable interior, and full basement.
      3642 UTICA RIDGE Road, Bettendorf, IA 52722
      View Details

    FAQs

    What type of property is this?
    Apartment building - Secure, maintenance-free cooperative living for those 55 and better.
    Where is this apartment building located?
    The property is located at 2592 MIDDLE Road #122 Bettendorf, IA.
    What is the asking price?
    The asking price for this property is $157,500.
    What are key features of this property?
    This property features: Totally maintenance‑free lifestyle in a secure "55 and better" cooperative community.; Open kitchen with 7‑foot island, impressive living room & dining room combo area, and terrace with a view.; Large master bedroom with walk‑in closet and en suite bath with double vanity.
    (435) 649-1884
    We can help!
    Listing Contact
    Lindsay Thiel
    Real Estate License ID: 6638436
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2592 MIDDLE Road #122, Bettendorf, IA 52722,
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!