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177 Westview Dr, Rock Valley, IA 51247
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Property summary
AI-generated overview
The property is a commercial warehouse constructed in 2014 with overall dimensions of approximately 90' x 110' and 18' sidewalls. The building is equipped with four 12' x 16' overhead doors and one 22' x 16' overhead door leading to a dedicated wash bay, along with an additional 8' x 9' delivery door on the east side. The east-side delivery door area includes an inground service pit, steps, and space for a 300-gallon storage tank. Interior space includes a 19' x 28' office area with a mini-split HVAC system and a 5' x 9' laundry room containing a shower. The site provides 3-phase electric capability and includes a 25,000-gallon rainwater collection tank located on the northeast corner of the building. The property is situated on 1.64 acres at 177 Westview Drive in Rock Valley, Iowa, within Sioux County. Equipment and building systems intended to convey include an air compressor with attached lines and hose reels, washer and dryer, an office refrigerator and desks, and a security camera system intended to be reconnected with Premier Communications.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2014
Construction
FRAME
Total area
9,000 SF
Lot
1.64 ac (71,438 SF)
APN
03-30-229-011
UPID
US25-2334789
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$365k
Owner & transaction history
since 2014
1 recorded transaction
Zoning & alternative use
Top alternative use upside
Office building
$720,000
+74.9%
Warehouse, storage
$415,000
+0.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$365k
Value range
$329k – $402k
±10% around blend
Estimated value / SF
$41 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$329k
blend $365k
$402k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,000 SF
Lot area
1.64 ac
Year built
2014
Stories
1
APN
03-30-229-011
Assessed value
$600,150
Annual tax
$16,614
3
Income approach: direct capitalization
Partial preview
Income approach indication
$835k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$905k
@ 6.5% CAP return
$835k
@ 7% CAP return
$775k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$16,614
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$545k
Range $137k – $545k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$365k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 29 sales
$46
-11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $41/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+75%
vs current-use indication
Warehouse, Storage
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
7.51%
Selected cap rate for this flex space
Derived from the Rock Valley market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.51%
9.0%
NOI (est.)
$60k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$795k
Move the market yield to see immediate price impact.
Value / SF
$88
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.01%7.51%8.01%
$54k
$767k
$716k
$671k
$60k
$852k
$795k
$746k
$66k
$937k
$875k
$820k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,614
Tax year 2023
Assessed value
$600,150
Assessed 2024
Previous assessed
$600,150
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$132,000
Assessed improvement
$468,150
Land market value
$132,000
Improvement market value
$468,150
Total market value
$600,150
Applied tax rate
120.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
2014
Construction
FRAME
Stories
1
Total area
9,000 SF
Lot
1.64 ac (71,438 SF)
APN
03-30-229-011
UPID
US25-2334789
Jurisdiction
SIOUX
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
FRAME
Stories
1
Lot
1.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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