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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office Spaces
2821 5th St Rock Island, IL 61201-4028
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1927291
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Total area
15,045 SF
Lot
1.83 ac (79,715 SF)
Zoning code
RI
APN
16-10-201-065
UPID
US28-1927291
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
-
Hawkeye Commercial Real Estate Real Estate Agency
-
Louis Portable Restrooms Rock Island General Contractor Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$600k
Owner & transaction history
Small Hands Big Hearts LLC · 1 yrs held
Small Hands Big Hearts LLC
since 2025
7 recorded transactions
Zoning & alternative use
RI · Rock Island, IL
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 Rock Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rock Island 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$40 / 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
$19,650
Tax year 2022
Assessed value
$192,101
Assessed 2022
Previous assessed
$192,101
+0.0% YoY
Effective rate
10.23%
On assessed value
Assessed land
$60,593
Assessed improvement
$131,508
Land market value
$181,779
Improvement market value
$394,524
Total market value
$576,303
Applied tax rate
10,002.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1977
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,045 SF
Lot
1.83 ac (79,715 SF)
Zoning code
RI
APN
16-10-201-065
UPID
US28-1927291
Jurisdiction
ROCK ISLAND
Zoning & alternative use
RI · Rock Island, IL
Zoning RI · permitted uses
RI · Rock Island, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rock Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Small Hands Big Hearts LLC
Entity
Mailing address
1113 31ST AVE, ROCK ISLAND, IL 61201-5244
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
—
Small Hands Big Hearts LLC
—
Deed
related
$1 · City Of Rock Island
Oct 15, 2025
—
Small Hands Big Hearts LLC
—
Deed
related
$1 · City Of Rock Island
Oct 1, 2025
—
Small Hands Big Hearts LLC
—
Deed
related
$367,000 · Ascentra Cu
Apr 17, 2025
—
Small Hands Big Hearts LLC
Latonya Terrell
Warranty Deed
$300,000 · Ascentra Cu
Mar 12, 2025
—
Small Hands Big Hearts LLC
—
Deed
related
$1 · City Of Rock Island
Apr 8, 2024
—
Latonya Terrell
Waterbearer Ministries
Warranty Deed
—
Jan 11, 2024
—
Waterbearer Ministries
Cobalt Realty LLC
Warranty Deed
—
Aug 3, 2020
—
Cobalt Realty LLC
2821 5th Street LLC
Grant Deed
—
Dec 4, 2018
—
2821 5th St LLC
—
Deed
related
$200,000 · Charity Fin'l LLC
Jan 24, 2018
$94,000
Food Assistance INC
Hph Investors LP
Grant Deed
—
Jan 24, 2018
—
2821 5th St LLC
Food Assistance INC
Quit Claim Deed
$200,000 · Charity Fin'l LLC
Sep 18, 2013
—
Hph Investors LP
Express Dev Rock Island LLC
Quit Claim Deed
related
—
Sep 18, 2013
$500,000
Express Dev Rock Island LLC
Segal Gary S
Grant Deed
related
—
—
—
2821 5th St LLC
—
Deed Of Trust
related
$200,000 · Charity Fin'l 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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