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Property profile & analytics
OFF-MARKET
Office buildings
108 7th St Estherville, IA 51334-2233
Individually Owned
2-yr Hold
Free & Clear
Property ID
US25-1499841
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1975
Total area
4,592 SF
Lot
0.18 ac (7,722 SF)
APN
511308004
UPID
US25-1499841
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
-
Fitzgibbons Law Firm Law Firm
-
Sander Kevin R Law Firm
-
Bauermeister Scot L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark W Guge And Norma L Guge Fmtr · 2 yrs held
Mark W Guge And Norma L Guge Fmtr
since 2024
7 recorded transactions
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 Estherville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Estherville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,500
Tax year 2023
Assessed value
$170,900
Assessed 2024
Previous assessed
$170,900
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$22,900
Assessed improvement
$148,000
Land market value
$22,900
Improvement market value
$148,000
Total market value
$170,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1975
Stories
1
Total area
4,592 SF
Lot
0.18 ac (7,722 SF)
APN
511308004
UPID
US25-1499841
Jurisdiction
EMMET
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
1975
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Mark W Guge And Norma L Guge Fmtr
Individual
Free & Clear · 2 yrs held
Mailing address
108 N 7TH ST, ESTHERVILLE, IA 51334-2233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
Mark W Guge And Norma L Guge Fmtr
Mark W Guge
Intrafamily Transfer
related
—
Jan 13, 2020
—
Layton L Gardner Ret
Layton L Gardner Ret
Quit Claim Deed
related
—
Dec 11, 2019
—
Matt White
Mary Ellen Martens Ret
Deed
—
Nov 8, 2019
—
Kevin R Sander
Marie A Grems
Deed
—
Jul 31, 2019
—
Linda C Larsenjoop
Kevin A Larsen
Quit Claim Deed
related
—
Oct 11, 2017
—
Judy Kay Johnson
Judy Kay Johnson
Affidavit
related
—
Aug 18, 2017
—
Joseph L Fitzgibbons
Trust No 2 Under The Wll Of Thelma
Deed
—
Feb 24, 2016
$133,000
Mark Grabinoski
The Estate Of Arlene Grabinoski
Executors Deed
—
Oct 25, 2012
—
Northstar Bank
Brenda S Yeager
Warranty Deed
—
Sep 1, 2011
—
Barbara E Rapp
John F Rapp
Affidavit Of Death Of Joint Tenant
related
—
Apr 30, 2010
$75,000
Axel S Voetmann
Northstar Bank
Warranty Deed
—
Aug 12, 2008
—
Richard S Lund
Evelyn M Fitzgibbons
Legal Action/court Order
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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