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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Office buildings
985 Lincoln Rd Bettendorf, IA 52722-7614
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0648968
Property summary
AI-generated overview
This exceptional commercial property in Bettendorf, Iowa, offers a prime opportunity for businesses seeking flexible office space. Located at 985 LINCOLN Road, 52722, this single-building complex, built in 1975, features a total of 100 parking spaces for convenient access. The property is zoned PUD (Planned Unit Development) and boasts recently updated landscaping, bathrooms, and common areas, reflecting a commitment to providing a modern and comfortable work environment. Currently, there is 1,797 square feet of vacant space available, divisible into units ranging from a minimum of 297 square feet to a maximum contiguous space of 1,500 square feet. The 1,500 square foot suite includes four offices, a reception area, and a conference room. The building offers elevator access, ensuring easy navigation for tenants and their clients. This is a gross lease opportunity in a highly desirable Bettendorf location, providing a well-maintained facility with ample parking and convenient amenities. The APN is 842911104. This is an ideal location for businesses seeking a professional and efficient workspace in a thriving community.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1976
Total area
25,507 SF
Lot
0.93 ac (40,424 SF)
APN
842911104
UPID
US25-0648968
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
Current use
Occupant on record · Public records
-
Contortionist wellness spa Spa & Massage Center
-
RoadX Transportation Trucking Company
-
Anh's Acupuncture Clinic Medical Clinic Alternative Medicine Practice
-
Public Health Foundation Ent Public Health Department
-
A&B Logistics Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.83M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$2.14M
Owner & transaction history
T R Holdings L C · 18 yrs held
T R Holdings L C
since 2007
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bettendorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bettendorf submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,065,000
6.5%
$2,825,000
7%
$2,625,000
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,732
Tax year 2023
Assessed value
$1,101,400
Assessed 2024
Previous assessed
$1,101,400
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$161,700
Assessed improvement
$939,700
Land market value
$161,700
Improvement market value
$939,700
Total market value
$1,101,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1976
Heating
NONE
Stories
3
Total area
25,507 SF
Lot
0.93 ac (40,424 SF)
APN
842911104
UPID
US25-0648968
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
3
Lot
0.93 ac
Current owner
From public records · entity-resolved
T R Holdings L C
Entity
Mailing address
5167 UTICA RDG RD, DAVENPORT, IA 52807-3863
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2007
$1,801,500
T R Holdings L C
Joseph T Celsi
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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