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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
240 Blf Blvd, Clinton, IA 52732-7160
Entity Owned
Absentee Owner
Property ID
US25-0387147
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
29,416 SF
Lot
7.37 ac (321,037 SF)
APN
8034300000
UPID
US25-0387147
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
-
Miller Meier Limb & Brace Inc Orthotics & Prosthetics Service
-
Clinton Physical Therapy Services Physician
-
Advanced Dermatology & Laser Physician Medical Clinic
-
Iowa Vocational Rehabilitation Service State Government Office
-
The Pregnancy Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$945k
Blend (final)
Blend
$680k
Owner & transaction history
City Of Clinton Iowa
City Of Clinton Iowa
since 2025
Last sale
$3,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$410,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $3k (Jul 7 2025)
Last sale anchor
$3k
Jul 7 2025
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
$23 / 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
$17,418
Tax year 2023
Assessed value
$561,600
Assessed 2024
Previous assessed
$561,600
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$156,540
Assessed improvement
$405,060
Land market value
$156,540
Improvement market value
$405,060
Total market value
$561,600
Applied tax rate
740.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
2
Stories
2
Total area
29,416 SF
Lot
7.37 ac (321,037 SF)
APN
8034300000
UPID
US25-0387147
Jurisdiction
CLINTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
2
Buildings
2
Lot
7.37 ac
Current owner
From public records · entity-resolved
City Of Clinton Iowa
Entity
Mailing address
2660 E 53RD ST STE #7, DAVENPORT, IA 52807-3873
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
$3,000
City Of Clinton Iowa
Crhc LLC
Warranty Deed
—
Jun 10, 2022
—
Crhc LLC
—
Deed
related
$1,100,000 · Citizens First Bank
Oct 2, 2020
—
Crhc LLC
—
Deed
related
$440,000 · Citizens First Bank
Sep 30, 2020
—
Crhc LLC
Clinton Bluff Road LLC
Quit Claim Deed
related
—
Feb 12, 2015
$400,000
Dolans 35th Street LLC
Cba 2004-1 240 N Bluff Blvd LLC
Special Warranty Deed
$200,000 · Citizens 1st 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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