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Property profile & analytics
OFF-MARKET
Strip malls
1920 Elm St Dubuque, IA 52001-3641
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0172391
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1969
Total area
13,100 SF
Lot
0.82 ac (35,850 SF)
Zoning code
CI
APN
10-24-233-002
UPID
US25-0172391
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
-
Trinity Health Corporation Health
-
Mercy Family Pharmacy Pharmacy
-
Terese N. Kruse, PharmD Pharmacy
-
MPI Physician
-
MercyOne Elm Street Pharmacy Pharmacy
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
Donald A Leick · 11 yrs held
Donald A Leick
since 2015
2 recorded transactions
Zoning & alternative use
CI · Dubuque, 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 Dubuque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dubuque 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
$24,436
Tax year 2023
Assessed value
$963,600
Assessed 2024
Previous assessed
$963,600
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$246,900
Assessed improvement
$716,700
Land market value
$246,900
Improvement market value
$716,700
Total market value
$963,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Units
1
Total area
13,100 SF
Lot
0.82 ac (35,850 SF)
Zoning code
CI
APN
10-24-233-002
UPID
US25-0172391
Jurisdiction
DUBUQUE
Zoning & alternative use
CI · Dubuque, IAZoning CI · permitted uses
CI · Dubuque, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Unified Development Code
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
1
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Donald A Leick
Individual
Free & Clear · 11 yrs held
Mailing address
16573 RUSTIC FRST TRL, DUBUQUE, IA 52001-9634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 11, 2015
—
Donald A Leick
Leick Thomas J
Quit Claim Deed
related
—
Jan 12, 2006
—
Hagar Ents LLC
Hagar Ents INC
Quit Claim Deed
related
—
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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