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Property profile & analytics
OFF-MARKET
Commercial real estate
308 13th St Rapids City, IL 61278
Individually Owned
11-yr Hold
Property ID
US28-0205028
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Total area
979 SF
Zoning code
RC
APN
09-02-206-001
UPID
US28-0205028
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
-
Lucky Charms Daycare, LLC Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carrie Riley · 11 yrs held
Carrie Riley
since 2014
7 recorded transactions
Zoning & alternative use
RC · Rapids City, 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 Rapids City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rapids City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,875
Tax year 2022
Assessed value
$114,678
Assessed 2022
Previous assessed
$109,634
+4.6% YoY
Effective rate
7.74%
On assessed value
Assessed land
$6,130
Assessed improvement
$108,548
Land market value
$18,390
Improvement market value
$325,644
Total market value
$344,034
Applied tax rate
6,001.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1910
Heating
NONE
Stories
1
Total area
979 SF
Zoning code
RC
APN
09-02-206-001
UPID
US28-0205028
Jurisdiction
ROCK ISLAND
Zoning & alternative use
RC · Rapids City, IL
Zoning RC · permitted uses
RC · Rapids City, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rapids City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Carrie Riley
Individual
Mailing address
PO BOX 237, RAPIDS CITY, IL 61278-0237
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Carrie S Riley
—
Deed
related
$1,144,000 · Bankorion
May 14, 2025
—
Carrie Sue Riley
—
Deed
related
$257,600 · Quad City Bank & Trust Co
Apr 8, 2015
—
Carrie S Riley
—
Trustees Deed
related
$310,000 · Dhcu Cmnty Cu
Dec 10, 2014
$25,000
Carrie Riley
Reed,ryan
Grant Deed
—
Aug 8, 2002
$65,000
Ryan Reed
Doty,karlene D
Grant Deed
$58,500 · Federal Savings & Loan
Nov 9, 2001
—
Karlene D Doty
Mink,gregg A
Quit Claim Deed
related
$34,000 · Metrobank
May 6, 1998
$24,000
Gregg Mink
Doty,paul H & Julie A
Grant Deed
$36,100 · United Companies Lending Corp
—
—
Karlene D Doty
—
Deed Of Trust
related
$4,337 · Metrobank
—
—
Ryan Reed
—
Deed Of Trust
related
$66,528 · Bank One NA
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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