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    Property profile & analytics

    101 W 1St St Dyersville, IA 52040

    • Individual retail properties
    • 6,040 SF
    • 0.08 lot acres
    For Sale
    View listing
    $240,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0343166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Individual retail properties

    Property Details for 101 W 1St St

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    6,040 SF
    Zone code
    CO
    Property type
    Individual retail properties
    APN
    07-31-137-009
    APU
    731137009

    Description

    This exceptional mixed-use property, located at 101 1st Ave W in Dyersville, Iowa, presents a compelling investment opportunity. The 6,040 square foot building, constructed in 1890, sits on a 0.08-acre lot (APN 0731137009) and is zoned for commercial use. The property boasts four units, offering a blend of retail and residential income streams. The ground floor comprises two smaller commercial spaces, currently leased to a retail store and an auto shop. Upstairs, two two-bedroom apartments provide additional rental income. Both apartments offer attractive river views and are in good condition. The building is well-maintained, considering its age and historical significance. The asking price is $240,000, translating to $39.74 per square foot. This property is a rare find in the heart of Dyersville, offering a stable income stream and significant potential for future growth. The two-story structure is situated in Dubuque County, Iowa, with a convenient 52040 zip code. This turnkey investment is ready for a new owner to continue its success. The property's strong tenant occupancy and prime downtown location make it an attractive proposition for investors seeking a diversified portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $348,000
      Market price range: $349k - $1.03M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dyersville
    County
    Dubuque
    State
    Iowa
    Longitude
    -91.1245
    Latitude
    42.4843
    CBSA code
    20220
    CBSA name
    DUBUQUE, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,676
    $15,400
    $112,400
    $127,800
    -
    $15,400
    $112,400
    $127,800

    Comparable in this City

    • Value Estimation by Request
      638 SF

      304 2nd NE Ave

      BARBER, HAIR SALON • 638 SF
      304 2nd NE Ave, Dyersville, IA 52040-1208
      View Details
    • Value Estimation
      $135,000
      2,354 SF

      220 1st E Ave

      BARBER, HAIR SALON • 2,354 SF
      220 1st E Ave, Dyersville, IA 52040-1201
      View Details
    • Value Estimation
      $245,000
      2,592 SF

      132 1st E Ave

      BARBER, HAIR SALON • 2,592 SF
      132 1st E Ave, Dyersville, IA 52040-1101
      View Details
    • Value Estimation
      $650,000
      22,772 SF

      1207 12th SE Ave

      GROCERY, SUPERMARKET • 22,772 SF
      1207 12th SE Ave, Dyersville, IA 52040-2415
      View Details
    • Value Estimation
      $235,000
      3,399 SF

      740 Fld Of Dreams Way

      CONVENIENCE STORE • 3,399 SF
      740 Fld Of Dreams Way, Dyersville, IA 52040-2502
      View Details
    • Value Estimation
      $250,000
      832 SF

      1611 8th SE St

      FINANCIAL BUILDING • 832 SF
      1611 8th SE St, Dyersville, IA 52040
      View Details

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    Dyersville, IA 52040
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    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
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