Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
1591 Main Ave Clinton, IA 52732-1918
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1265156
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Construction
FRAME
Total area
9,000 SF
Lot
6 ac (261,360 SF)
APN
8806710020
UPID
US25-1265156
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
-
Store It America Clinton Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Store It America LLC · 16 yrs held
Store It America LLC
since 2009
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+31.9%
Restaurant
$725,000
+18.5%
Office building
$630,000
+2.7%
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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
COMMERCIAL (GENERAL)
$805,000
Change: +32% · Conversion: Difficult
RESTAURANT
$725,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$630,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$570,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$535,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / SF
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
$28,836
Tax year 2023
Assessed value
$823,080
Assessed 2024
Previous assessed
$802,880
+2.5% YoY
Effective rate
3.50%
On assessed value
Assessed land
$117,000
Assessed improvement
$706,080
Land market value
$117,000
Improvement market value
$706,080
Total market value
$823,080
Applied tax rate
740.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
9,000 SF
Lot
6 ac (261,360 SF)
APN
8806710020
UPID
US25-1265156
Jurisdiction
CLINTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$610,000
COMMERCIAL (GENERAL)
Est. value
$805,000
RESTAURANT
Est. value
$725,000
OFFICE BUILDING
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$630,000
MEDICAL BUILDING
Est. value
$570,000
INDUSTRIAL (GENERAL)
Est. value
$535,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
6 ac
Current owner
From public records · entity-resolved
Store It America LLC
Entity
Mailing address
550 LINDALE DR, MARION, IA 52302-4744
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2009
$480,000
Store It America LLC
The First National Bank In Amboy
Warranty Deed
$515,000 · The First National Bank In Amboy
Sep 8, 2008
—
The First National Bank In Amboy
Sauk Valley Bank & Trust Co
Quit Claim 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.
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 1591 Main Ave?
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.
