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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Car washes
109 Cleveland St Muscatine, IA 52761-5647
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US25-1656055
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1996
Total area
9,216 SF
Lot
0.73 ac (31,798 SF)
Zoning code
C3-PLANNED COMMERCIAL
APN
824351024
UPID
US25-1656055
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
-
Speed Clean Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$860k
Blend (final)
Blend
$805k
Owner & transaction history
Clean Properties LLC · 3 yrs held
Clean Properties LLC
since 2022
Last sale
$800,000
2 recorded transactions
Zoning & alternative use
C3-PLANNED COMMERCIAL · Muscatine, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+44.2%
Office building
$895,000
+26.2%
Restaurant
$855,000
+20.0%
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 Muscatine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Muscatine 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
$695,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$710,000
Current use
MEDICAL BUILDING
$1,025,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$895,000
Change: +26% · Conversion: Difficult
RESTAURANT
$855,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$640,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$640,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $800k (Sep 9 2022)
Last sale anchor
$800k
Sep 9 2022
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
$87 / 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
$22,982
Tax year 2023
Assessed value
$767,330
Assessed 2024
Previous assessed
$752,690
+1.9% YoY
Effective rate
3.00%
On assessed value
Assessed land
$218,620
Assessed improvement
$548,710
Land market value
$218,620
Improvement market value
$548,710
Total market value
$767,330
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1996
Stories
1
Total area
9,216 SF
Lot
0.73 ac (31,798 SF)
Zoning code
C3-PLANNED COMMERCIAL
APN
824351024
UPID
US25-1656055
Jurisdiction
MUSCATINE
Zoning & alternative use
C3-PLANNED COMMERCIAL · Muscatine, IA
Zoning C3-PLANNED COMMERCIAL · permitted uses
C3-PLANNED COMMERCIAL · Muscatine, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Muscatine. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$710,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$895,000
RESTAURANT
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$640,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Clean Properties LLC
Entity
Mailing address
3511 ECLIPSE CIR, CASCADE, IA 52033
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2022
$800,000
Clean Properties LLC
Miracle Muscatine INC
Warranty Deed
$680,000 · Dupaco Community Cu
Oct 26, 2020
—
Miracle Muscatine INC
—
Deed
related
$442,000 · Cbi Bank & Trust
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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