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Property profile & analytics
OFF-MARKET
Office buildings
114 Platt St Maquoketa, IA 52060-2263
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-2368913
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1905
Total area
2,184 SF
Lot
0.04 ac (1,902 SF)
APN
145172428602100
UPID
US25-2368913
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
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
Tracy K Thede · 2 yrs held
Tracy K Thede
since 2023
Last sale
$55,000
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 Maquoketa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maquoketa 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
$844
Tax year 2023
Assessed value
$54,300
Assessed 2024
Previous assessed
$54,300
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$7,400
Assessed improvement
$46,900
Land market value
$7,400
Improvement market value
$46,900
Total market value
$54,300
Applied tax rate
14.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1905
Stories
2
Total area
2,184 SF
Lot
0.04 ac (1,902 SF)
APN
145172428602100
UPID
US25-2368913
Jurisdiction
JACKSON
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
1905
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Tracy K Thede
Individual
Mailing address
107 N MAIN ST, MAQUOKETA, IA 52060-2202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2023
$55,000
Tracy K Thede
Boff Span Properties INC
Warranty Deed
$40,000 · Maquoketa State Bank
Nov 21, 2022
—
Michele Larson
Maxine F Miller Est Espr020940
Legal Action/court Order
related
—
Jun 15, 2021
$565,000
Bar Properties LLC
Jason E Haynes
Special Warranty Deed
$365,000 · Haynes Trust
Apr 23, 2021
$34,000
Katherine S Daniels
Cindy S Daniels
Warranty Deed
related
—
Dec 4, 2020
—
Alicia S Kulper
Benjamin J Kulper
Intrafamily Transfer
related
—
Dec 30, 2015
$74,000
Kevin J Oetken
William H Bollinger
Warranty Deed
—
Mar 31, 2014
$40,000
Boff Span Properties INC
Mark R Lawson
Warranty Deed
$39,500 · Maquoketa State Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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