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Property profile & analytics
OFF-MARKET
Gas stations
1206 2nd St Muscatine, IA 52761-4810
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-2048989
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1942
Total area
1,592 SF
Lot
0.21 ac (9,028 SF)
Zoning code
C1-NEIGHBORHOOD-GENERAL
APN
836187029
UPID
US25-2048989
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
-
Hyink's Standard Services Gas Station
-
AJ’s Garage LLC Auto Repair Shop Vehicle Inspection Center
-
River View Repair Auto Repair Shop
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
Blaise Real Estate LLC · 1 yrs held
Blaise Real Estate LLC
since 2025
Last sale
$143,500
3 recorded transactions
Zoning & alternative use
C1-NEIGHBORHOOD-GENERAL · Muscatine, 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 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
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
$2,560
Tax year 2023
Assessed value
$150,610
Assessed 2024
Previous assessed
$147,090
+2.4% YoY
Effective rate
1.70%
On assessed value
Assessed land
$35,750
Assessed improvement
$114,860
Land market value
$35,750
Improvement market value
$114,860
Total market value
$150,610
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1942
Stories
1
Total area
1,592 SF
Lot
0.21 ac (9,028 SF)
Zoning code
C1-NEIGHBORHOOD-GENERAL
APN
836187029
UPID
US25-2048989
Jurisdiction
MUSCATINE
Zoning & alternative use
C1-NEIGHBORHOOD-GENERAL · Muscatine, IAZoning C1-NEIGHBORHOOD-GENERAL · permitted uses
C1-NEIGHBORHOOD-GENERAL · Muscatine, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1942
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Blaise Real Estate LLC
Entity
Mailing address
2103 UNIVERSITY DR, MUSCATINE, IA 52761-9600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$143,500
Blaise Real Estate LLC
Obrien Adventures LLC
Warranty Deed
$143,500 · Cbi Bank & Trust
Dec 2, 2022
$149,000
Obrien Adventures LLC
Mks Shop LLC
Warranty Deed
$149,000 · Midwestone Bank
May 9, 2018
$120,000
Mk S Shop LLC
Michael D Hyink
Warranty Deed
$120,000 · First National Bank Of Muscatine
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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