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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Manufacturing properties
2222 Mckinley Ave Keokuk, IA 52632-2621
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0586293
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1945
Total area
9,547 SF
Lot
0.42 ac (18,295 SF)
APN
04-45-21-26-204-0080
UPID
US25-0586293
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$840k
Owner & transaction history
Gonzalez Holdings LLC · 10 yrs held
Gonzalez Holdings LLC
since 2015
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+61.2%
Medical building
$780,000
+10.6%
Commercial (general)
$760,000
+7.8%
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 Keokuk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keokuk 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%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$705,000
Current use
OFFICE BUILDING
$1,135,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$760,000
Change: +8% · Conversion: Difficult
RESTAURANT
$660,000
Change: -6% · Conversion: Difficult
WAREHOUSE, STORAGE
$575,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$88 / 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
$6,124
Tax year 2023
Assessed value
$197,040
Assessed 2024
Previous assessed
$197,040
+0.0% YoY
Effective rate
3.11%
On assessed value
Assessed land
$18,300
Assessed improvement
$178,740
Land market value
$18,300
Improvement market value
$178,740
Total market value
$197,040
Applied tax rate
310.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1945
Heating
NONE
Stories
1
Total area
9,547 SF
Lot
0.42 ac (18,295 SF)
APN
04-45-21-26-204-0080
UPID
US25-0586293
Jurisdiction
LEE
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
INDUSTRIAL (GENERAL) Current
Est. value
$705,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$760,000
RESTAURANT
Est. value
$660,000
WAREHOUSE, STORAGE
Est. value
$575,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
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
1945
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Gonzalez Holdings LLC
Entity
Mailing address
1784 FAIRLANE ST, KEOKUK, IA 52632-2932
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
May 4, 2017
—
Gonzalez Holdings LLC
—
Deed
related
$56,778 · Fort Madison Bank & Trust Co
Nov 20, 2015
$260,000
Gonzalez Holdings LLC
Tjb Machine Works INC
Warranty Deed
$176,759 · Pilot Grove Savings Bank
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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