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    Property profile & analytics

    208 Franklin St Eldridge, IA 52748-1242

    • Office buildings
    • 2,637 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Apr 23, 2021
    $250,000
    Location Intelligence
    Property ID
    US25-0674742
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • American Family Insurance - Gwendolyn Henzen / Auto Insurance Agency / Home Insurance Agency
    • Gerard Chiropractic / Chiropractor
    • Shawn M. Gerard, DC / Chiropractor
    • American Family Insurance / Insurance Agency / Auto Insurance Agency

    Property Details for 208 Franklin St

    Year built
    1954
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    2,637 SF
    Property type
    Office buildings
    APN
    93115090407
    APU
    93115090407

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $300,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $300,000
      Mixed-Use
      $355,000
      Hospitality
      $330,000
      Educational
      $260,000
      Residential Income
      $305,000
      Energy
      $270,000
      Income-Based Land
      $250,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Eldridge
    County
    Scott
    State
    Iowa
    Longitude
    -90.5849
    Latitude
    41.6576
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,542
    $25,200
    $201,800
    $227,000
    -
    $25,200
    $201,800
    $227,000

    Comparable in this City

    • Value Estimation
      $650,000
      2,280 SF

      230 9th Ave

      OFFICE BUILDING • 2,280 SF
      230 9th Ave, Eldridge, IA 52748-1932
      View Details
    • Value Estimation by Request
      1,673 SF

      17 Lincoln Ave

      OFFICE BUILDING • 1,673 SF
      17 Lincoln Ave, Eldridge, IA 52748-9647
      View Details
    • Value Estimation by Request
      4,725 SF

      600 Slopertown Rd

      OFFICE BUILDING • 4,725 SF
      600 Slopertown Rd, Eldridge, IA 52748-9457
      View Details
    • Value Estimation by Request
      3,600 SF

      305 3rd St

      OFFICE BUILDING • 3,600 SF
      305 3rd St, Eldridge, IA 52748-1234
      View Details
    • Value Estimation by Request
      1,456 SF

      507 Parkview Dr

      OFFICE BUILDING • 1,456 SF
      507 Parkview Dr, Eldridge, IA 52748-9688
      View Details
    • Value Estimation
      $280,000
      2,502 SF

      214 2nd St

      OFFICE BUILDING • 2,502 SF
      214 2nd St, Eldridge, IA 52748-1208
      View Details

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      Eldridge Commercial Building Opportunity

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      Expansive Agricultural Land in Davenport, IA

      77.15 acres of agricultural land, ideal for farming.
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      Eldridge Plaza Shopping Center

      Iowa Retail Investment: 7.77% Cap Rate
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      View Details
    • $325,000
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      Eldridge Commercial Quadplex Investment

      High-Yield Quadplex, Prime Location
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      View Details
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    208 Franklin St
    Eldridge, IA 52748-1242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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