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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Industrial properties
3151 Morton Dr East Moline, IL 61244-1964
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2773994
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Total area
29,950 SF
Lot
6.31 ac (274,864 SF)
Zoning code
EM
APN
09-29-102-033
UPID
US28-2773994
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Road Machinery & Supplies Co · 9 yrs held
Road Machinery & Supplies Co
since 2017
6 recorded transactions
Zoning & alternative use
EM · East Moline, 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 East Moline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Moline 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$21 / 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
$27,131
Tax year 2022
Assessed value
$256,207
Assessed 2022
Previous assessed
$244,940
+4.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$45,747
Assessed improvement
$210,460
Land market value
$137,241
Improvement market value
$631,380
Total market value
$768,621
Applied tax rate
6,032.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1992
Heating
NONE
Total area
29,950 SF
Lot
6.31 ac (274,864 SF)
Zoning code
EM
APN
09-29-102-033
UPID
US28-2773994
Jurisdiction
ROCK ISLAND
Zoning & alternative use
EM · East Moline, IL
Zoning EM · permitted uses
EM · East Moline, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Moline. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Lot
6.31 ac
Current owner
From public records · entity-resolved
Road Machinery & Supplies Co
Entity
Free & Clear · 9 yrs held
Mailing address
3303 JOHN DEERE RD, SILVIS, IL 61282-6017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2017
$117,000
Road Machinery & Supplies Co
L & M Energy Services INC
Warranty Deed
related
—
Apr 3, 2017
—
L & M Energy Services INC
Venture Ptshp
Warranty Deed
related
—
Oct 3, 2016
—
Morton Drive Partners LLC
—
Grant Deed
related
$1,044,111 · Blackhawk Bk & Tr
Jul 18, 2016
$875,000
Morton Drive Partners LLC
Venture Partnership
Warranty Deed
—
—
—
Venture Ptshp
—
Deed Of Trust
related
$628,000 · First Midwest Bank
—
—
Venture Ptshp
—
Deed Of Trust
related
$207,500 · First Midwest Bank
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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