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Property profile & analytics
OFF-MARKET
Office buildings
109 3rd St Knoxville, IA 50138-2523
Entity Owned
4-yr Hold
Free & Clear
Property ID
US25-0586971
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1978
Total area
2,175 SF
Lot
0.06 ac (2,400 SF)
APN
842783000
UPID
US25-0586971
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
-
Johnston, Hicks, & Griffith Law Firm
-
English Valley Wellness and Massage LLC Alternative Medicine Practice Spa & Massage Center
-
Sunflower Massage Company LLC Alternative Medicine Practice Spa & Massage Center
-
Warrior Therapeutic Massage, LLC Alternative Medicine Practice Spa & Massage Center
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
English Valley Properties LLC · 4 yrs held
English Valley Properties LLC
since 2022
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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
$2,660
Tax year 2023
Assessed value
$137,600
Assessed 2024
Previous assessed
$137,600
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$11,480
Assessed improvement
$126,120
Land market value
$11,480
Improvement market value
$126,120
Total market value
$137,600
Applied tax rate
530.0000
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
1978
Heating
NONE
Stories
1
Total area
2,175 SF
Lot
0.06 ac (2,400 SF)
APN
842783000
UPID
US25-0586971
Jurisdiction
MARION
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
1978
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
English Valley Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
109 N 3RD ST, KNOXVILLE, IA 50138-2523
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
34 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
—
English Valley Properties LLC
Heather Scott
Warranty Deed
—
Mar 31, 2020
—
English Valley Properties
—
Deed
related
$100,000 · Marion State Bank
Dec 11, 2019
—
Joyce E Carnes
Leroy Hansaker
Quit Claim Deed
related
—
Dec 9, 2019
—
Leroy Hansaker
Joyce E Carnes
Quit Claim Deed
related
—
Oct 28, 2019
—
David H Mason
Daniel D Mason
Warranty Deed
related
—
Oct 16, 2019
—
Barry L Griffith
Covey Keith Est
Executors Deed
—
Aug 28, 2019
—
Christy L Waynes
Rodney J Klobnak
Quit Claim Deed
related
—
Jul 24, 2019
—
Leonard H Mason
William J Mason
Warranty Deed
related
—
Jul 11, 2019
—
Phyllis J Mott T
Phyllis J Mott T
Deed
related
—
Jul 9, 2019
—
Jesse Swanson
Jesse Swanson
Warranty Deed
related
—
May 30, 2019
—
David D Renfrow
David D Renfrow
Warranty Deed
related
—
Feb 14, 2019
$387,000
Rjvd LLC
English Creek Farms LLC
Warranty Deed
—
Jan 16, 2019
—
James V Hicks
Wade Deheer
Quit Claim Deed
related
—
Jun 29, 2018
$40,000
Anthony Fuqua
Bruce P Wood
Warranty Deed
—
Mar 13, 2018
—
Ofchris K&j D Hoegh T
Chrisk Hoegh
Warranty Deed
—
Jan 25, 2018
$209,500
Joseph M Hartly
Michael J Benner
Warranty Deed
—
Nov 27, 2017
—
Robert R Suker
Barry L Griffith
Correction Deed
related
—
Nov 21, 2017
—
Barry L Griffith
Barry Lgriffith
Affidavit Of Death Of Joint Tenant
related
—
Nov 14, 2017
—
James Vernon Hicks
James Vernon Hicks
Affidavit Of Death Of Joint Tenant
related
—
Oct 10, 2014
$629,250
David A Roozeboom
Patricia L Roozeboom
Trustees Deed
related
—
Aug 26, 2014
—
Larry J Bledsoe
Larry J Bledsone
Warranty Deed
—
Jul 1, 2014
$25,000
James V Hicks
Barry L Griffith
Warranty Deed
—
Nov 27, 2013
$24,000
Richard W Parker
Horn S Pine Top Farms INC
Warranty Deed
—
Nov 13, 2013
—
Barbara Ann Heaberlin
Barbara Ann Heaberlin
Affidavit Of Death Of Joint Tenant
related
—
Aug 20, 2013
—
Patricia L Roozeboom
Patricia L Roozeboom
Intrafamily Transfer
related
—
Mar 8, 2013
—
Virginia Puyear
Viola Mae Sytsma
Affidavit Of Death Of Joint Tenant
—
Dec 11, 2012
—
Kristie Karns
Phillip G Simmons
Affidavit Of Death Of Joint Tenant
—
Oct 25, 2012
—
Sharon B Hutchings
Sharon B Hutchings
Affidavit Of Death Of Joint Tenant
related
—
Oct 15, 2012
—
Dennis D Bachman
Carol J Borchert
Contract Sale
—
Sep 19, 2012
$165,500
Alva John Potter
Pleasantville Building Supply INC B
Contract Sale
—
Aug 17, 2012
—
Jimmie Joe Sytsma
Leo Dale Sytsma
Affidavit Of Death Of Joint Tenant
related
—
Aug 3, 2012
$270,000
Pleasant Ridge Apartments LLC Co
Linden Properties INC Co
Contract Sale
—
Jul 27, 2012
—
Benoni E Shinn JR
Benoni E Shinn JR
Affidavit Of Death Of Joint Tenant
related
—
Dec 17, 2009
—
Darrell G Kloster
Karl A Kloster
Intrafamily Transfer
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.
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