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Property profile & analytics
OFF-MARKET
Office buildings
114 Nicholas Dr Marshalltown, IA 50158-4438
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-1231504
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
FRAME
Total area
3,040 SF
Lot
0.38 ac (16,440 SF)
Zoning code
CC
APN
8318-11-179-001
UPID
US25-1231504
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
-
Structural Engineers Pc Structural Engineer
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
Kgl5 Holdings Lcl · 4 yrs held
Kgl5 Holdings Lcl
since 2022
Last sale
$250,000
6 recorded transactions
Zoning & alternative use
CC · Marshalltown, IA
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
$11,192
Tax year 2023
Assessed value
$388,700
Assessed 2024
Previous assessed
$388,700
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$49,320
Assessed improvement
$339,380
Land market value
$49,320
Improvement market value
$339,380
Total market value
$388,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
FORCED AIR
Stories
1
Total area
3,040 SF
Lot
0.38 ac (16,440 SF)
Zoning code
CC
APN
8318-11-179-001
UPID
US25-1231504
Jurisdiction
MARSHALL
Zoning & alternative use
CC · Marshalltown, IAZoning CC · permitted uses
CC · Marshalltown, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 156: ZONING
Building & site characteristics
From public records
Year built
1976
Construction
FRAME
Heating
FORCED AIR
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Kgl5 Holdings Lcl
Entity
Free & Clear · 4 yrs held
Mailing address
1911 S 5TH AVE, MARSHALLTOWN, IA 50158-5204
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
—
Kgls Holding LLC
—
Deed
related
$1,575,923 · Farmers Savings Bank
Feb 10, 2022
—
Kgl5 Holdings Lcl
Kyle G Lacina
Quit Claim Deed
related
—
Feb 3, 2022
—
Kyle G Lacina
Lacina Holdings LLC
Quit Claim Deed
related
—
Mar 28, 2017
—
Lancia Holdings LLC
—
Deed
related
$450,000 · Leighton State Bank
Mar 30, 2012
$250,000
Lacina Holdings LLC
Nancy Olson
Warranty Deed
$200,000 · United Bank & Trust NA
Jun 30, 2006
$233,000
Nancy Olson
Carroll D Roland
Warranty Deed
—
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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