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Property profile & analytics
OFF-MARKET
Medical Office Space
113 Nicholas Dr Marshalltown, IA 50158-4439
Entity Owned
6-yr Hold
Property ID
US25-0404805
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Total area
2,048 SF
Lot
0.44 ac (19,300 SF)
Zoning code
CC
APN
8318-11-177-011
UPID
US25-0404805
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
-
Marshalltown Oral Surgeons Dental Office
-
Dr. Robert Rudman Dental Office
-
Peter Cho DDS Dental Office
-
Dr. John Kazwell Dental Office
-
Peter Weon J Cho Dental Office
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
Ejf LLC · 6 yrs held
Ejf LLC
since 2020
Last sale
$330,000
4 recorded transactions
Zoning & alternative use
CC · Marshalltown, IA
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 Marshalltown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshalltown 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
$8,555
Tax year 2023
Assessed value
$314,260
Assessed 2024
Previous assessed
$314,260
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$57,900
Assessed improvement
$256,360
Land market value
$57,900
Improvement market value
$256,360
Total market value
$314,260
Applied tax rate
640,228.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1976
Heating
CENTRAL
Stories
1
Total area
2,048 SF
Lot
0.44 ac (19,300 SF)
Zoning code
CC
APN
8318-11-177-011
UPID
US25-0404805
Jurisdiction
MARSHALL
Zoning & alternative use
CC · Marshalltown, IA
Zoning CC · permitted uses
CC · Marshalltown, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshalltown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
CENTRAL
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Ejf LLC
Entity
Mailing address
113 NICHOLAS DR, MARSHALLTOWN, IA 50158-4439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
$330,000
Ejf LLC
Dgz Capital LLC
Warranty Deed
—
Jan 22, 2020
—
Ejf LP
—
Deed
related
$500,000 · Luana Savings Bank
Oct 17, 2016
—
Dgz Capital LLC
—
Deed
related
$208,000 · University Of Iowa Community Cu
Oct 5, 2016
—
Dgz Capital LLC
—
Deed
related
$208,000 · University Of Iowa Community Cu
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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