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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Automotive properties
3400 Expy St Council Bluffs, IA 51501-8210
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0322426
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1974
Total area
45,302 SF
Lot
5.28 ac (229,997 SF)
Zoning code
I-2
APN
7444 12 326 011
UPID
US25-0322426
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
-
AutoGlass Solutions Inc. Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Edwards Chevrolet Parts Auto Parts Store
-
Edwards Cadillac Car Dealership
-
Driveo Omaha Car Dealership
-
GMC at EDWARDS Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
3400 S Expressway LLC · 7 yrs held
3400 S Expressway LLC
since 2019
4 recorded transactions
Zoning & alternative use
I-2 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Zoning. Off-premises signs may be placed on property zoned I-1, I-2 and I-3, subject to all other restrictions in this section. Spacing Unless otherwise provided, no off-premises sign shall be located within a seven hundred (700) foot radius of any other existing off-premises sign whether conforming or not. On-premises signs shall not be counted nor shall me…
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
4,150.44 ac
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 Council Bluffs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Council Bluffs 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
$36 / 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
$158,551
Tax year 2023
Assessed value
$4,990,700
Assessed 2024
Previous assessed
$4,790,300
+4.2% YoY
Effective rate
3.18%
On assessed value
Assessed land
$812,000
Assessed improvement
$4,178,700
Land market value
$812,000
Improvement market value
$4,178,700
Total market value
$4,990,700
Applied tax rate
2.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
45,302 SF
Lot
5.28 ac (229,997 SF)
Zoning code
I-2
APN
7444 12 326 011
UPID
US25-0322426
Jurisdiction
POTTAWATTAMIE
Zoning & alternative use
I-2 · Council Bluffs, IAZoning I-2 · permitted uses
I-2 · Council Bluffs, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Zoning. Off-premises signs may be placed on property zoned I-1, I-2 and I-3, subject to all other restrictions in this section. Spacing Unless otherwise provided, no off-premises sign shall be located within a seven hundred (700) foot radius of any other existing off-premises sign whether conforming or not. On-premises signs shall not be counted nor shall measurements be taken from them for the purpose of determining compliance with the off-premises spacing requirements. No more than one off-premises sign may be erected at any one sign location, each sign may have not more than two sign faces, provided that: The sign faces are oriented in opposite directions; and The maximum perpendicular distance between parallel sign faces is five feet; or Nonparallel sign faces must be connected at one point and must have an angle of separation no greater than thirty (30) degrees. Surrounding Uses
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
4,150.44 ac
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.28 ac
Current owner
From public records · entity-resolved
3400 S Expressway LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1010 34TH AVE, COUNCIL BLUFFS, IA 51501-8076
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
—
3400 South Expressway LLC
—
Deed
related
$5,000,000 · Ally Bank
Feb 1, 2022
—
3400 South Expressway LLC
—
Deed
related
$5,000,000 · Eeo LLC
Mar 4, 2019
$4,300,000
3400 S Expressway LLC
Council Bluffs Re LLC
Warranty Deed
—
Dec 14, 2016
—
Council Bluffs Re LLC
—
Deed
related
$3,464,644 · Ally 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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