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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Grocery and convenience stores
535 Hl St Dubuque, IA 52001-6678
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US25-0307904
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Construction
FRAME
Total area
15,867 SF
Lot
1.04 ac (45,339 SF)
APN
10-25-132-050
UPID
US25-0307904
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
-
Superstop IV Gas Station
-
MercyOne Dubuque Long Term Care Pharmacy Pharmacy
-
Mercy Care Mor Pharmacy Pharmacy
-
John P. Mulert, RPh Pharmacy
-
Robert J. Metelak, RPH Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.45M
Owner & transaction history
Hill Street Dubuque Holdings LLC
Hill Street Dubuque Holdings LLC
since 2026
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+206.2%
Medical building
$1.5M
+163.7%
Warehouse, storage
$1.1M
+105.7%
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 Dubuque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dubuque 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,705,000
Change: +206% · Conversion: Easy
MEDICAL BUILDING
$1,465,000
Change: +164% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,145,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$1,050,000
Change: +89% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,005,000
Change: +81% · Conversion: Difficult
RESTAURANT
$905,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.66M (Feb 27 2026)
Last sale anchor
$1.66M
Feb 27 2026
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
$91 / 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
$35,236
Tax year 2023
Assessed value
$1,372,400
Assessed 2024
Previous assessed
$1,372,400
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$272,000
Assessed improvement
$1,100,400
Land market value
$272,000
Improvement market value
$1,100,400
Total market value
$1,372,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
NONE
Stories
1
Total area
15,867 SF
Lot
1.04 ac (45,339 SF)
APN
10-25-132-050
UPID
US25-0307904
Jurisdiction
DUBUQUE
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
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT
Est. value
$905,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1992
Construction
FRAME
Heating
NONE
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Hill Street Dubuque Holdings LLC
Entity
Mailing address
6136 CARDINAL RD, BETTENDORF, IA 52722-4803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 27, 2026
$1,661,000
Hill Street Dubuque Holdings LLC
Mutual Investments LLC
Warranty Deed
$1,330,000 · Peoples Bank Of Kankakee County
Sep 22, 2022
—
Mutual Investments LLC
—
Deed
related
$1,445,000 · Cbi Bank & Trust
Jul 3, 2006
—
Dmt Investments INC
—
Trustees Deed
related
$500,000 · Dupaco Community Cu
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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