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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Assisted living facilities
2625 Iowa St Perry, IA 50220-2413
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US25-0065401
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1968
Total area
12,968 SF
Lot
4.95 ac (215,622 SF)
APN
214101005
UPID
US25-0065401
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
-
Pearl Valley Rehabilitation and Healthcare Center at Perry Nursing Home
-
Rachel Fazio Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Perry Property Holdings LLC · 5 yrs held
Perry Property Holdings LLC
since 2021
Last sale
$705,500
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 Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry 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
$640,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,025,000
Change: 0% · Conversion: Difficult
RESTAURANT
$930,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$845,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$840,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $706k (May 25 2021)
Last sale anchor
$706k
May 25 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
$51 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$26,962
Tax year 2022
Assessed value
$1,286,300
Assessed 2023
Previous assessed
$1,187,980
+8.3% YoY
Effective rate
2.10%
On assessed value
Assessed land
$431,240
Assessed improvement
$855,060
Land market value
$431,240
Improvement market value
$855,060
Total market value
$1,286,300
Applied tax rate
670,000.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
12,968 SF
Lot
4.95 ac (215,622 SF)
APN
214101005
UPID
US25-0065401
Jurisdiction
DALLAS
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
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$930,000
INDUSTRIAL (GENERAL)
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$840,000
MEDICAL BUILDING
Est. value
$695,000
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1968
Heating
NONE
Stories
1
Lot
4.95 ac
Current owner
From public records · entity-resolved
Perry Property Holdings LLC
Entity
Mailing address
15310 AMBERLY DR STE #100, TAMPA, FL 33647-2145
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
$705,500
Perry Property Holdings LLC
2625 East Iowa Street Realty LLC
Warranty Deed
$19,800,000 · Nbh Bank NA
Mar 9, 2017
$140,000
2625 East Iowa Street Realty L
Perry Re LLC
Warranty Deed
related
$2,794,000 · Celtic Bk
Jun 17, 2016
—
Perry Re LLC
—
Deed Of Trust
related
$200,000 · Community St Bk
Jan 31, 2003
$885,000
Signature Props Of Perry LLC
Perry Health Care Ctr INC
Grant Deed
related
—
Mar 31, 1999
$804,000
Perry Health Care Center
Perry Livingston Ptshp
Grant Deed
related
—
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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