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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office Spaces
7017 John Deere Pkwyb Moline, IL 61265-8034
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2473199
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
FRAME
Total area
1,801 SF
Zoning code
MOL
APN
17-12-303-002
UPID
US28-2473199
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Grell Enterprises Ltd · 3 yrs held
Grell Enterprises Ltd
since 2022
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
MOL · Moline, IL
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
$800,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $900k (Aug 31 2022)
Last sale anchor
$900k
Aug 31 2022
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
$469 / 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
$2,069
Tax year 2022
Assessed value
$23,046
Assessed 2022
Previous assessed
$22,032
+4.6% YoY
Effective rate
8.98%
On assessed value
Assessed land
$7,903
Assessed improvement
$15,143
Land market value
$23,709
Improvement market value
$45,429
Total market value
$69,138
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
NONE
Stories
1
Total area
1,801 SF
Zoning code
MOL
APN
17-12-303-002
UPID
US28-2473199
Jurisdiction
ROCK ISLAND
Zoning & alternative use
MOL · Moline, ILZoning MOL · permitted uses
MOL · Moline, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Grell Enterprises Ltd
Entity
Free & Clear · 3 yrs held
Mailing address
2020 52ND AVE, MOLINE, IL 61265-6382
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
—
Grell Enterprises Ltd
—
Deed
related
$1,800,000 · Midwest Bank
Aug 31, 2022
$900,000
Grell Enterprises Ltd
Ann W Romanowski
Warranty Deed
—
May 10, 2022
$900,000
Grell Enterprises INC
Ann W Romanowski
Warranty Deed
—
Sep 30, 2016
—
Larry A Van Ert Family LP
—
Deed
related
$450,000 · Quad Cty Bk&tr
—
—
Michael R Romanowski
—
Loan Modification
related
$1,643,000 · Wells Fargo Bank
—
—
Larry A Van Ert Family LP
—
Loan Modification
related
$450,000 · Quad Cty Bk&tr
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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