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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Grocery and convenience stores
7005 Chestnut St Avoca, IA 51521-5075
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US25-0189484
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Total area
23,127 SF
Lot
18.7 ac (814,572 SF)
APN
7739 04 251 010
UPID
US25-0189484
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
-
Flying J Gas Station
-
Taco John's Restaurant Take-out & Catering
-
ATM (Eagle's Landing Travel Center) Atm
-
Flying J Dealer--Eagle's Landing Travel Plaza Parking Lot & Garage Gas Station
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$2.03M
Owner & transaction history
Eagles Landing Properties Avoca LLC · 4 yrs held
Eagles Landing Properties Avoca LLC
since 2022
7 recorded transactions
Zoning & alternative use
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 Avoca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avoca 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
APARTMENT HOUSE (5+ UNITS)
$2,635,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,605,000
Change: 0% · Conversion: Easy
RESTAURANT
$2,225,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$2,190,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$1,945,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,495,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,405,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±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
$88 / 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
$129,246
Tax year 2023
Assessed value
$4,715,100
Assessed 2024
Previous assessed
$4,128,900
+14.2% YoY
Effective rate
2.74%
On assessed value
Assessed land
$567,400
Assessed improvement
$4,147,700
Land market value
$567,400
Improvement market value
$4,147,700
Total market value
$4,715,100
Applied tax rate
43.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1997
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
23,127 SF
Lot
18.7 ac (814,572 SF)
APN
7739 04 251 010
UPID
US25-0189484
Jurisdiction
POTTAWATTAMIE
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
18.7 ac
Current owner
From public records · entity-resolved
Eagles Landing Properties Avoca LLC
Entity
Mailing address
PO BOX 610, BEAVER, UT 84713-0610
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
Eagles Landing Properties Avoca LLC
—
Deed
related
$4,000,000 · Midstates Bank NA
Oct 7, 2010
—
Wings America LP
—
Deed Of Trust
related
$2,232,114 · Great Western Bank
—
—
America Wings
—
Deed Of Trust
related
$2,714,269 · Arbor Bank
—
—
Wings America LP
—
Deed Of Trust
related
$486,321 · Great Western Bank
—
—
Wings America LP
—
Deed Of Trust
related
$3,240,000 · Great Western Bank
—
—
Wings America LP
—
Deed Of Trust
related
—
—
—
Wings America LP
—
Deed Of Trust
related
—
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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