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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Warehouses
303 Walcott Rd Walcott, IA 52773
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0738801
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
FRAME
Total area
6,500 SF
Lot
8.77 ac (382,195 SF)
APN
8206051071
UPID
US25-0738801
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$904k
Blend (final)
Blend
$720k
Owner & transaction history
T & C Storage LLC · 17 yrs held
T & C Storage LLC
since 2009
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+121.4%
Auto repair, garage
$1.1M
+106.5%
Neighborhood: shopping center
$1.0M
+94.5%
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 Walcott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walcott 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
$575,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
MEDICAL BUILDING
$1,145,000
Change: +121% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,070,000
Change: +106% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,005,000
Change: +94% · Conversion: Moderate
OFFICE BUILDING
$840,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +48% · Conversion: Difficult
RESTAURANT
$735,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$111 / 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
$33,016
Tax year 2023
Assessed value
$1,255,700
Assessed 2024
Previous assessed
$1,255,700
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$287,200
Assessed improvement
$968,500
Land market value
$287,200
Improvement market value
$968,500
Total market value
$1,255,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
NONE
Buildings
9
Stories
1
Total area
6,500 SF
Lot
8.77 ac (382,195 SF)
APN
8206051071
UPID
US25-0738801
Jurisdiction
SCOTT
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
WAREHOUSE, STORAGE Current
Est. value
$520,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
OFFICE BUILDING
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$770,000
RESTAURANT
Est. value
$735,000
RETAIL STORES
Est. value
$610,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1998
Construction
FRAME
Heating
NONE
Stories
1
Buildings
9
Lot
8.77 ac
Current owner
From public records · entity-resolved
T & C Storage LLC
Entity
Mailing address
305 E WALCOTT RD, WALCOTT, IA 52773-8548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Jan 3, 2020
—
T&c Storege LLC
—
Deed
related
$699,891 · Ih Mississippi Valley Credit Union
Apr 6, 2009
—
T & C Storage LLC
Andrew L Snyder
Quit Claim Deed
related
$600,000 · Ih Mississippi Valley Cu
May 3, 2005
$500,000
Andrew L Snyder
2 Docs Storage
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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