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Property profile & analytics
OFF-MARKET
Estimated value
$4,315,000
Retail space
1703 Park Ave Muscatine, IA 52761-5435
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1520835
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
15,060 SF
Lot
1.28 ac (55,756 SF)
Zoning code
C1-NEIGHBORHOOD-GENERAL
APN
825251019
UPID
US25-1520835
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy
-
Walgreens Pharmacy Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.32M
Owner & transaction history
Jklm Real Estate LLC · 4 yrs held
Jklm Real Estate LLC
since 2022
Last sale
$4.3M
7 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
Method
Estimation
Statistic approach
$3,910,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.32M
Range $3.88M – $4.75M · ±10% · vs last sale $4.33M (Jun 2 2022)
Last sale anchor
$4.33M
Jun 2 2022
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
$287 / 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
$76,128
Tax year 2023
Assessed value
$2,361,360
Assessed 2024
Previous assessed
$2,324,940
+1.6% YoY
Effective rate
3.22%
On assessed value
Assessed land
$459,990
Assessed improvement
$1,901,370
Land market value
$459,990
Improvement market value
$1,901,370
Total market value
$2,361,360
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Stories
1
Total area
15,060 SF
Lot
1.28 ac (55,756 SF)
Zoning code
C1-NEIGHBORHOOD-GENERAL
APN
825251019
UPID
US25-1520835
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
2001
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Jklm Real Estate LLC
Entity
Mailing address
21271 PELICAN SOUND DR UNIT #203, ESTERO, FL 33928-5937
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$4,325,000
Jklm Real Estate LLC
South 76 LLC
Special Warranty Deed
$2,980,000 · First National Bank Of Muscatine
Dec 31, 2020
$3,710,000
South 76 LLC
3036 Ia LLC
Special Warranty Deed
$2,582,500 · Investors Community Bank
Oct 28, 2019
—
3036 Ia LLC
—
Deed
related
$2,775,000 · First Midwest Bank
Jan 19, 2017
$3,759,000
3036 Ia LLC
Cole Wg Muscatine Ia LLC
Special Warranty Deed
$3,007,200 · Bmo Harris Bank NA
May 16, 2011
$3,235,500
Cole Wg Muscatine Ia LLC
Wal Mus LLC
Special Warranty Deed
—
Nov 10, 2009
$2,950,000
Wal Mus LLC
Cre Muscatine Double Net Holdings L
Special Warranty Deed
—
Jan 17, 2007
$4,198,000
Cre Muscatine Double Net Holding Ll
Wg 5885 Ia LLC
Special Warranty Deed
—
Jun 27, 2005
$3,985,500
Wg 5885 Ia LLC
Ecm Muscatine LLC
Special 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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