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Property profile & analytics
OFF-MARKET
Estimated value
$11,760,000
Office buildings
700 Locust St Dubuque, IA 52001-6838
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0449240
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1929
Total area
262,314 SF
Lot
0.67 ac (29,315 SF)
Zoning code
CI
APN
10-25-204-001
UPID
US25-0449240
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
-
Arling Peter D. Law Firm
-
Weidemann Joshua P. Law Firm
-
Roshek Building Business Service Center Corporate Office
-
Krumpe, Stephen C Law Firm
-
Collins Thomas S Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.30M
Blend (final)
Blend
$11.76M
Owner & transaction history
Roshek Prop LLC · 6 yrs held
Roshek Prop LLC
since 2019
5 recorded transactions
Zoning & alternative use
CI · Dubuque, IA
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 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
OFFICE BUILDING
$18,240,000
Current use
Blend value · Realmo final
$11.76M
Range $10.58M – $12.94M · ±10%
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
$45 / 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
$559,306
Tax year 2023
Assessed value
$16,500,000
Assessed 2024
Previous assessed
$20,702,700
-20.3% YoY
Effective rate
3.39%
On assessed value
Assessed land
$211,100
Assessed improvement
$16,288,900
Land market value
$211,100
Improvement market value
$16,288,900
Total market value
$16,500,000
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
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1929
Heating
NONE
Stories
9
Units
1
Total area
262,314 SF
Lot
0.67 ac (29,315 SF)
Zoning code
CI
APN
10-25-204-001
UPID
US25-0449240
Jurisdiction
DUBUQUE
Zoning & alternative use
CI · Dubuque, IA
Zoning CI · permitted uses
CI · Dubuque, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dubuque. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.2M
OFFICE BUILDING Current
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
1929
Heating
NONE
Stories
9
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Roshek Prop LLC
Entity
Free & Clear · 6 yrs held
Mailing address
800 MAIN ST, DUBUQUE, IA 52001-6822
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
$11,799,875
Roshek Prop LLC
Roshek Bldg LLC
Warranty Deed
related
—
Jan 18, 2017
—
Roshek Building LLC
—
Deed
related
$5,641,478 · Dubuque Bk&tr
Jun 5, 2009
—
Roshek Building Qalicb LLC
Roshek Building INC
Quit Claim Deed
related
—
—
—
Roshek Building LLC
—
Deed Of Trust
related
$5,641,478 · Dubuque Bk&tr
—
—
Roshek Building Qalicb LLC
—
Deed Of Trust
related
$19,700,000 · Usbcde Sub-cde Xxxv LLC
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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