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Property profile & analytics
FOR LEASE
Strip malls
2515 NW Arterial Dubuque, IA 52002
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0169479
For Lease
Contact for pricing
2515 NW Arterial, Dubuque, IA 52002
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
16,100 SF
Lot
2.1 ac (91,520 SF)
Zoning code
CI
APN
10-17-476-018
UPID
US25-0169479
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
-
Pita Pit Take-out & Catering Catering Service
-
Orangetheory Fitness Gym & Fitness Center
-
America's Best Contacts & Eyeglasses Physician
-
Ocean Nails Nail Salon
-
Fiesta Cancun Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.22M
Owner & transaction history
Queck Capital Management LLC · 4 yrs held
Queck Capital Management LLC
since 2021
Last sale
$6.4M
7 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
Method
Estimation
Statistic approach
$5,805,000
ML approach
$6,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.22M
Range $5.59M – $6.84M · ±10% · vs last sale $6.41M (Dec 2 2021)
Last sale anchor
$6.41M
Dec 2 2021
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
$386 / 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
$97,404
Tax year 2023
Assessed value
$3,665,500
Assessed 2024
Previous assessed
$3,665,500
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$984,200
Assessed improvement
$2,681,300
Land market value
$984,200
Improvement market value
$2,681,300
Total market value
$3,665,500
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
For Lease
Year built
2006
Heating
NONE
Stories
1
Total area
16,100 SF
Lot
2.1 ac (91,520 SF)
Zoning code
CI
APN
10-17-476-018
UPID
US25-0169479
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
2006
Heating
NONE
Stories
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Queck Capital Management LLC
Entity
Mailing address
3250 KENNEDY CIR STE #7, DUBUQUE, IA 52002-3886
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
$6,410,000
Queck Capital Management LLC
Grtd Investments LLC
Warranty Deed
$12,916,000 · Fidelity Bank & Trust
Dec 6, 2019
$4,199,875
Grtd Invs LLC
Ruby-01-asbry2 LLC
Grant Deed
$13,029,800 · Collins Loan Svcs Cuso LLC
Sep 4, 2013
—
Ruby-04-asbry2 LLC
Asbury Dubuque LLC
Trustees Deed
related
—
Feb 22, 2013
—
Ruby-04-asbury LLC
Asbury Dubuque LLC
Deed In Lieu Of Foreclosure
related
—
Feb 14, 2013
—
Ruby-01-asbry2 LLC
Asbury Dubuque LLC
Deed In Lieu Of Foreclosure
related
$20,123,327 · Associated Bank
Jun 16, 2008
—
Asbury Dubuque LLC
—
Deed Of Trust
related
$8,200,000 · Associated Bank
—
—
Asbury Dubuque LLC
—
Deed Of Trust
related
$11,923,327 · Associated Bank
—
—
Grtd Invs LLC
—
Deed Of Trust
related
$13,029,800 · Collins Loan Svcs Cuso LLC
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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