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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    425 Devils Gln S Rd Bettendorf, IA 52722-6476

    • Warehouses
    • 7,500 SF
    • 5.79 lot acres
    OFF-MARKET
    Last Sale
    Aug 20, 2021
    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    9.3%
    Warehouses
    Location Intelligence
    Property ID
    US25-0636869
    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

    • RiverStone Group, Inc. / Mining Company
    • Settle Inc / Paving Contractor

    Property Details for 425 Devils Gln S Rd

    Year built
    1977
    Construction
    FRAME
    Lot size
    5.79 lot acres
    Property size
    7,500 SF
    Property type
    Warehouses
    APN
    8427393011
    APU
    8427393011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $630,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $975,000
      6.5%
      $900,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $979,000
      Market price range: $342k - $1.04M
      AI Estimate
      $964,000
      Market price range: $361k - $1.05M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $595,000
      Current use
      MEDICAL BUILDING
      $1,320,000
      Change: +121% Conversion: Difficult
      OFFICE BUILDING
      $1,315,000
      Change: +121% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,235,000
      Change: +106% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,160,000
      Change: +94% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $885,000
      Change: +48% Conversion: Difficult
      RESTAURANT
      $850,000
      Change: +42% Conversion: Difficult
      RETAIL STORES
      $705,000
      Change: +18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Bettendorf
    County
    Scott
    State
    Iowa
    Longitude
    -90.4789
    Latitude
    41.5283
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 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
    $36,578
    $593,000
    $680,300
    $1,273,300
    -
    $593,000
    $680,300
    $1,273,300

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      3333 18th St

      WAREHOUSE, STORAGE • 1,800 SF
      3333 18th St, Bettendorf, IA 52722-2775
      View Details
    • Value Estimation
      $1,060,000
      8,000 SF

      700 40th Ave

      WAREHOUSE, STORAGE • 8,000 SF
      700 40th Ave, Bettendorf, IA 52722
      View Details
    • Value Estimation
      $3,950,000
      50,000 SF

      3204 62nd St Ct

      WAREHOUSE, STORAGE • 50,000 SF
      3204 62nd St Ct, Bettendorf, IA 52722-5532
      View Details
    • Value Estimation by Request
      2,200 SF

      2605 Devils Gln Rd

      WAREHOUSE, STORAGE • 2,200 SF
      2605 Devils Gln Rd, Bettendorf, IA 52722-3443
      View Details
    • Value Estimation
      $1,185,000
      24,624 SF

      6125 Vly Dr

      WAREHOUSE, STORAGE • 24,624 SF
      6125 Vly Dr, Bettendorf, IA 52722-5564
      View Details
    • Value Estimation by Request
      5,296 SF

      Bettendorf, IA 52722

      WAREHOUSE, STORAGE • 5,296 SF
      Bettendorf, IA 52722
      View Details

    Similar Nearby for Sale

    • $2,950,000
      2.73 Acres

      Downtown Bettendorf Warehouse - Redevelopment

      Prime Iowa warehouse, redevelopment potential.
      1101 State St, Bettendorf, IA 52722
      View Details
    • $480,000
      1.84 Acres

      Prime Bettendorf Commercial Land

      1.84 Acres, High Visibility, C-2 Zoning
      5800 State St, Bettendorf, IA 52722
      View Details
    • $229,000

      Bettendorf Commercial Land Investment

      Prime .99-Acre Vacant Lot
      2390 Cumberland Square Dr, Bettendorf, IA 52722
      View Details
    • $399,900
      1.79 Acres

      Saint Michael Office Condo

      Prime Bettendorf Office Space
      3642 Utica Ridge Rd, Bettendorf, IA 52722
      View Details
    • $366,900

      Bettendorf Office Condo Investment

      New Construction Office Condo for Sale
      5277 Pinecreek Ln, Bettendorf, IA 52722
      View Details
    • $1,224,900
      4,250 SF

      Bettendorf Office Condos For Sale

      New Construction, Efficient Layouts, Customizable
      5271 Pinecreek Ln, Bettendorf, IA 52722
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      251,000 SF

      Walcott Industrial Warehouse Space

      Modern Iowa warehouse, 132,921 SF available.
      510 Sterling Dr, Bettendorf, IA 52722
      View Details
    • $10 SF/Yr
      5,005 SF

      Prime Scott County Flex Space

      5,005 SF Flex Space - Great Visibility
      312 17Th St, Bettendorf, IA 52722
      View Details
    • $10 SF/Yr
      7,648 SF

      Downtown Bettendorf Flex Space

      7,648 sq ft Flex Space, 15 Parking Spots
      438 16Th St, Bettendorf, IA 52722
      View Details
    • $15 SF/Yr
      13,191 SF

      Quad Cities Retail & Office Space

      Prime Location, High Traffic, Two Suites Available
      1521 Grant St, Bettendorf, IA 52722
      View Details
    • $2,000,000

      Bettendorf Retail Space For Rent

      Retail space for rent with an 8-year NN lease.
      3580 Utica Ridge Rd, Bettendorf, IA 52722
      View Details
    • $16 SF/Yr

      Bettendorf Office Space Available

      Professional office space for rent in Bettendorf, Iowa.
      2117 State St, Bettendorf, IA 52722
      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.
    425 Devils Gln S Rd
    Bettendorf, IA 52722-6476
    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.