Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    345 20th St Dubuque, IA 52001-3514

    • Retail space
    • 13,936 SF
    • 1.15 lot acres
    OFF-MARKET
    Last Sale
    Jan 12, 2023
    $5,467,000
    Value Estimations
    $4,780,000
    Show details
    Cap Rate Potential
    2.5%
    Retail space
    Location Intelligence
    Property ID
    US25-0180317
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Pharmacy / Pharmacy
    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Redbox / Movie Rental Kiosk / Dvd Store
    • LibertyX Bitcoin ATM / Atm
    • Walgreens / Convenience Store / Cosmetics Store

    Property Details for 345 20th St

    Year built
    2008
    Lot size
    1.15 lot acres
    Property size
    13,936 SF
    Property type
    Retail space
    APN
    10-24-215-028
    APU
    1024215028

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,780,000
      ML approach
      $4,660,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dubuque
    County
    Dubuque
    State
    Iowa
    Longitude
    -90.6671
    Latitude
    42.5124
    CBSA code
    20220
    CBSA name
    DUBUQUE, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,900
    $209,900
    $1,482,100
    $1,692,000
    -
    $209,900
    $1,482,100
    $1,692,000

    Comparable in this City

    • Value Estimation
      $695,000
      81,960 SF

      333 10th St

      RETAIL STORES (PERSONAL SERVICES) • 81,960 SF
      333 10th St, Dubuque, IA 52001-7663
      View Details
    • Value Estimation
      $235,000
      1,107 SF

      2840 Pennsylvania Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,107 SF
      2840 Pennsylvania Ave, Dubuque, IA 52001-5427
      View Details
    • Value Estimation by Request
      5,100 SF

      103 13th St

      RETAIL STORES (PERSONAL SERVICES) • 5,100 SF
      103 13th St, Dubuque, IA 52001
      View Details
    • Value Estimation
      $235,000
      1,208 SF

      454 4th St

      RETAIL STORES (PERSONAL SERVICES) • 1,208 SF
      454 4th St, Dubuque, IA 52001-6908
      View Details
    • Value Estimation
      $240,000
      1,208 SF

      452 4th St

      RETAIL STORES (PERSONAL SERVICES) • 1,208 SF
      452 4th St, Dubuque, IA 52001-6908
      View Details
    • Value Estimation
      $220,000
      6,583 SF

      210 1st St

      RETAIL STORES (PERSONAL SERVICES) • 6,583 SF
      210 1st St, Dubuque, IA 52001-6975
      View Details

    Similar Nearby for Sale

    • $350,000
      3,496 SF

      Mixed-Use Brick Income Property

      Fully rented mixed-use property with commercial space and residential apartments.
      1735 Central Ave, Dubuque, IA 52001
      View Details
    • $350,000
      5,244 SF

      Mixed-Use Brick Income Property

      Fully rented mixed-use property with commercial space and residential apartments.
      1735 Central Ave, Dubuque, IA 52001
      View Details
    • Contact for pricing
      5,452 SF

      Historic Millwork District Commercial Property

      5,400 SF stand-alone property in revitalized Historic Millwork District.
      990 Washington St, Dubuque, IA 52001
      View Details
    • New
      $350,000
      2,475 SF

      Renovated Duplex in Millwork District

      Historical duplex in Dubuque's Millwork District, walkable to amenities.
      902 White St, Dubuque, IA 52001
      View Details
    • $965,000
      12,972 SF

      Unique Dubuque Commercial Opportunity

      Two updated buildings with bar, restaurant, retail, and residential spaces.
      62 E 7Th St, Dubuque, IA 52001
      View Details
    • New
      $165,000
      3,100 SF

      Dubuque Investment Opportunity: Fourplex

      Fourplex with two residential and two commercial units, fully rented.
      1500 Central Ave, Dubuque, IA 52001
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      2,060 SF

      Downtown Dubuque Executive Office Suite

      Prime 2,060 sq ft office/retail space.
      880 Locust St, Dubuque, IA 52001
      View Details
    • $12 SF/Yr

      Retail Space in Growing Area

      Retail space in Dubuque's fastest growing Main Street area.
      730 Main St, Dubuque, IA 52001
      View Details
    • Contact for pricing
      5,452 SF

      Historic Dubuque Retail Space

      Prime Millwork District location, 5400 sq ft.
      990 Washington St, Dubuque, IA 52001
      View Details
    • $9 SF/Yr
      5,500 SF

      Iowa Street Commercial Space

      5,500 SF Creative Office/Retail
      1044 Iowa St, Dubuque, IA 52001
      View Details
    • $6 SF/Yr
      130,000 SF

      1000 Jackson St

      Office space • 130,000 SF
      1000 Jackson St, Dubuque, IA 52001
      View Details
    • $114,156
      1 SF

      Prime Commercial Land Dubuque

      2.8-acre commercial lot, ideal location.
      0 Of Hwy 61/151 Opas, Dubuque, IA 52001
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    345 20th St
    Dubuque, IA 52001-3514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.