New search
Property profile & analytics
OFF-MARKET
Medical Office Space
1503 Elm St, West Liberty, IA 52776-1083
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1806396
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
FRAME
Total area
6,118 SF
Lot
0.59 ac (25,839 SF)
Zoning code
R1-SINGLE FAMILY
APN
101351028
UPID
US25-1806396
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
-
Active Health Spine & Sport Alternative Medicine Practice
-
Active Health Chiropractic and Wellness Alternative Medicine Practice
-
Fuerza Functional Fitness & Rehab Gym & Fitness Center
-
Dr. Dana Nelson Alternative Medicine Practice
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
Nelson Investment Properties LLC · 10 yrs held
Nelson Investment Properties LLC
since 2016
1 recorded transaction
Zoning & alternative use
R1-SINGLE FAMILY · West Liberty, 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 West Liberty submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Liberty 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
$16,752
Tax year 2023
Assessed value
$831,790
Assessed 2024
Previous assessed
$779,280
+6.7% YoY
Effective rate
2.01%
On assessed value
Assessed land
$60,610
Assessed improvement
$771,180
Land market value
$60,610
Improvement market value
$771,180
Total market value
$831,790
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2016
Construction
FRAME
Stories
2
Total area
6,118 SF
Lot
0.59 ac (25,839 SF)
Zoning code
R1-SINGLE FAMILY
APN
101351028
UPID
US25-1806396
Jurisdiction
MUSCATINE
Zoning & alternative use
R1-SINGLE FAMILY · West Liberty, IA
Zoning R1-SINGLE FAMILY · permitted uses
R1-SINGLE FAMILY · West Liberty, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Liberty. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
FRAME
Stories
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Nelson Investment Properties LLC
Entity
Mailing address
2544 AARON DR SE, IOWA CITY, IA 52240-9002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2016
$41,000
Nelson Investment Properties LLC
Brian Lee James
Warranty Deed
$41,000 · Midwestone 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1503 Elm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
