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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
319 2nd St Muscatine, IA 52761-4150
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US25-1582268
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
22,680 SF
Lot
0.19 ac (8,400 SF)
Zoning code
C2-CENTRAL COMMERCIAL
APN
835481028
UPID
US25-1582268
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
-
Muscatine County Abstract Co Title Company
-
Gail Garwood, LMHC Counselor
-
Alan Francis Raskie - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Ribbco Screen Print & Design Textile Manufacturer Factory
-
Goedken & Creasey Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$830k
Owner & transaction history
Lane Capital Holdings LLC · 2 yrs held
Lane Capital Holdings LLC
since 2023
1 recorded transaction
Zoning & alternative use
C2-CENTRAL COMMERCIAL · Muscatine, IA
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 Muscatine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Muscatine 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$37 / 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
$8,404
Tax year 2023
Assessed value
$326,660
Assessed 2024
Previous assessed
$321,390
+1.6% YoY
Effective rate
2.57%
On assessed value
Assessed land
$39,600
Assessed improvement
$287,060
Land market value
$39,600
Improvement market value
$287,060
Total market value
$326,660
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Stories
3
Total area
22,680 SF
Lot
0.19 ac (8,400 SF)
Zoning code
C2-CENTRAL COMMERCIAL
APN
835481028
UPID
US25-1582268
Jurisdiction
MUSCATINE
Zoning & alternative use
C2-CENTRAL COMMERCIAL · Muscatine, IA
Zoning C2-CENTRAL COMMERCIAL · permitted uses
C2-CENTRAL COMMERCIAL · Muscatine, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Muscatine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Stories
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Lane Capital Holdings LLC
Entity
Mailing address
PO BOX 2654, DAVENPORT, IA 52809-2654
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
$200,000
Lane Capital Holdings LLC
Estate Of Duane J Goedken
Legal Action/court Order
related
$350,000 · Cbi Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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