Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Office buildings
3359 Middle Rd Bettendorf, IA 52722-3663
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US25-0720385
Property summary
AI-generated overview
This exceptional 1,824 square foot commercial/medical office space is available for lease at 3359 Middle Road in Bettendorf, Iowa. The single-tenant building features a convenient layout including a waiting area with coat hooks, a receptionist area, five individual office/medical spaces, a bathroom, and a break room complete with laundry facilities. The property sits on commercially zoned land (APN 842203201) and enjoys a prime location on Middle Road, offering easy access to numerous amenities such as grocery stores, gas stations, strip malls, and coffee shops. The current lease expires December 31, 2026, with a renewal option. Landlord-paid utilities include garbage service, water, and snow removal, while tenants are responsible for internet and MidAmerican Energy usage. This move-in ready space is perfect for a variety of businesses. The first month's rent is offered free. This is a fantastic opportunity to establish your business in a thriving location. The property consists of one building with one suite.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
3,656 SF
Lot
0.33 ac (14,418 SF)
APN
842203201
UPID
US25-0720385
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
-
Hightech Signs (Bike/Boat/Book/etc) Store Printing Service
-
Lisa A. Arndt, DC Alternative Medicine Practice
-
Carrie A. Voigts, DC Alternative Medicine Practice
-
Mathis Amy DC Alternative Medicine Practice
-
htapparel (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$848k
Blend (final)
Blend
$705k
Owner & transaction history
P V Land Co LLC · 6 yrs held
P V Land Co LLC
since 2020
Last sale
$610,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+0.4%
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 Bettendorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bettendorf 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
$955,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$640,000
Current use
MEDICAL BUILDING
$645,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$600,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $610k (May 18 2020)
Last sale anchor
$610k
May 18 2020
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
$193 / 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
$16,452
Tax year 2023
Assessed value
$614,600
Assessed 2024
Previous assessed
$614,600
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$144,000
Assessed improvement
$470,600
Land market value
$144,000
Improvement market value
$470,600
Total market value
$614,600
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
1975
Heating
NONE
Stories
1
Total area
3,656 SF
Lot
0.33 ac (14,418 SF)
APN
842203201
UPID
US25-0720385
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
OFFICE BUILDING Current
Est. value
$640,000
MEDICAL BUILDING
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
P V Land Co LLC
Entity
Mailing address
PO BOX 292, BETTENDORF, IA 52722-0005
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
—
Pv Land Co LLC
—
Deed
related
$61,359 · Bankorion
May 18, 2020
$610,000
P V Land Co LLC
Geifman Food Stores INC
Warranty Deed
$588,750 · Bankorion
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3359 Middle Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
