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Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
Commercial real estate
3601 16th St Moline, IL 61265-7259
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-0207841
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Construction
FRAME
Total area
15,072 SF
Lot
1.7 ac (74,052 SF)
Zoning code
MOL
APN
17-09-300-003
UPID
US28-0207841
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.80M
Owner & transaction history
Ns Retail Holdings LLC · 4 yrs held
Ns Retail Holdings LLC
since 2021
Last sale
$5.2M
3 recorded transactions
Zoning & alternative use
MOL · 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 Moline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$4,615,000
ML approach
$4,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±10% · vs last sale $5.16M (Nov 9 2021)
Last sale anchor
$5.16M
Nov 9 2021
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
$318 / 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
$46,251
Tax year 2022
Assessed value
$515,247
Assessed 2022
Previous assessed
$492,588
+4.6% YoY
Effective rate
8.98%
On assessed value
Assessed land
$124,570
Assessed improvement
$390,677
Land market value
$373,710
Improvement market value
$1,172,031
Total market value
$1,545,741
Applied tax rate
7,005.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
NONE
Stories
1
Total area
15,072 SF
Lot
1.7 ac (74,052 SF)
Zoning code
MOL
APN
17-09-300-003
UPID
US28-0207841
Jurisdiction
ROCK ISLAND
Zoning & alternative use
MOL · Moline, IL
Zoning MOL · permitted uses
MOL · Moline, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moline. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
NONE
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Ns Retail Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5910 N CENTRAL EXPY STE #1600, DALLAS, TX 75206-5173
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$5,156,500
Ns Retail Holdings LLC
Cs Loan Pool II LLC
Special Warranty Deed
—
Nov 10, 2016
—
Cs Loan Pool II LLC
Cornerstone II LLC
Quit Claim Deed
related
$19,540,000 · Starwood Mortgage Capital LLC
Aug 31, 2006
—
Cornerstone II LLC
Cornerstone Leased Drug Stores LLC
Quit Claim Deed
related
$50,311,000 · Bear Stearns Commercial Mortgage INC
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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