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    Property profile & analytics

    308 12th Ave Eldridge, IA 52748-1730

    • Auto shops
    • 3,200 SF
    • 3.71 lot acres
    OFF-MARKET
    Value Estimation
    $700,000
    Last Sale
    May 19, 2022
    $600,000
    Location Intelligence
    Property ID
    US25-0653448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BENT RIVER AUTO SALES AND SERVICE / Tire Shop / Towing Service
    • Kline Sewer & Drain / Plumber
    • LM Welding and Fabrication / Mechanical Engineer / Metal Fabricator
    • Bent River Towing and Recovery / Towing Service
    • Bent River Storage / Self-Storage Facility

    Property Details for 308 12th Ave

    Year built
    1974
    Construction
    FRAME
    Lot size
    3.71 lot acres
    Property size
    3,200 SF
    Property type
    Auto shops
    APN
    931139215
    APU
    931139215

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $670,000
      6.5%
      $590,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $655,000
      Mixed-Use
      $615,000
      Hospitality
      $665,000
      Educational
      $580,000
      Residential Income
      $485,000
      Energy
      $625,000
      Income-Based Land
      $530,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Eldridge
    County
    Scott
    State
    Iowa
    Longitude
    -90.5699
    Latitude
    41.6616
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,522
    $222,500
    $531,200
    $753,700
    -
    $222,500
    $531,200
    $753,700

    Comparable in this City

    • Value Estimation
      $400,000
      3,800 SF

      406 1st St

      AUTO REPAIR, GARAGE • 3,800 SF
      406 1st St, Eldridge, IA 52748-1202
      View Details
    • Value Estimation
      $340,000
      4,602 SF

      18145 270th St

      AUTO REPAIR, GARAGE • 4,602 SF
      18145 270th St, Eldridge, IA 52748-9439
      View Details
    • Value Estimation
      $180,000
      2,880 SF

      11 Lincoln Ave

      AUTO REPAIR, GARAGE • 2,880 SF
      11 Lincoln Ave, Eldridge, IA 52748-9647
      View Details
    • Value Estimation
      $335,000
      11,940 SF

      1140 Franklin St

      AUTO REPAIR, GARAGE • 11,940 SF
      1140 Franklin St, Eldridge, IA 52748-1712
      View Details
    • Value Estimation
      $340,000
      2,173 SF

      110 9th Ave

      VEHICLE SALES, RENTALS • 2,173 SF
      110 9th Ave, Eldridge, IA 52748-1926
      View Details
    • Value Estimation by Request
      16,400 SF

      2000 Le Claire Rd

      VEHICLE SALES, RENTALS • 16,400 SF
      2000 Le Claire Rd, Eldridge, IA 52748-1770
      View Details

    Similar Nearby for Sale

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      Iowa Retail Investment: 7.77% Cap Rate
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      View Details
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      Spacious 7,600 sq ft building on 1.45 acres.
      121 6Th Ave, Eldridge, IA 52748
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    • $6,545,000
      77.15 Acres

      Expansive Agricultural Land in Davenport, IA

      77.15 acres of agricultural land, ideal for farming.
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      High-Yield Quadplex, Prime Location
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    308 12th Ave
    Eldridge, IA 52748-1730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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