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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Drive through restaurants
2515 Park Ave Muscatine, IA 52761-5638
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1941997
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1977
Total area
2,447 SF
Lot
0.73 ac (31,798 SF)
Zoning code
M1-LIGHT INDUSTRIAL
APN
824451012
UPID
US25-1941997
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
-
KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
Samuel Barnett Pearce Trust · 5 yrs held
Samuel Barnett Pearce Trust
since 2020
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRIAL · Muscatine, IA
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 Muscatine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Muscatine 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
$1,235,000
ML approach
$1,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10% · vs last sale $1.37M (Dec 17 2020)
Last sale anchor
$1.37M
Dec 17 2020
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
$539 / 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
$21,118
Tax year 2023
Assessed value
$709,330
Assessed 2024
Previous assessed
$697,510
+1.7% YoY
Effective rate
2.98%
On assessed value
Assessed land
$262,340
Assessed improvement
$446,990
Land market value
$262,340
Improvement market value
$446,990
Total market value
$709,330
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1977
Stories
1
Total area
2,447 SF
Lot
0.73 ac (31,798 SF)
Zoning code
M1-LIGHT INDUSTRIAL
APN
824451012
UPID
US25-1941997
Jurisdiction
MUSCATINE
Zoning & alternative use
M1-LIGHT INDUSTRIAL · Muscatine, IA
Zoning M1-LIGHT INDUSTRIAL · permitted uses
M1-LIGHT INDUSTRIAL · Muscatine, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Muscatine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Samuel Barnett Pearce Trust
Trust
Mailing address
5631 KENT PL, GOLETA, CA 93117-2131
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
$1,372,500
Samuel Barnett Pearce Trust
Scf Rc Funding III LLC
Special Warranty Deed
—
Jul 14, 2017
—
Scf Rc Funding III LLC
—
Deed
related
$496,200,000 · Citibank NA
Jan 20, 2017
$1,187,000
Scf Rc Funding III LLC
Weaver Enterprises Ltd A Nevada Cor
Special Warranty Deed
—
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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