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Property profile & analytics
OFF-MARKET
Estimated value
$3,125,000
Medical Office Space
865 Lincoln Rd, Bettendorf, IA 52722-4190
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0672025
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Total area
28,292 SF
Lot
3.76 ac (163,786 SF)
APN
8429120012
UPID
US25-0672025
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
-
Genesis Health Group, Laboratory, Lincoln Road Medical Laboratory
-
Genesis Health Group Medical Clinic
-
Magnus Robert E Medical Clinic
-
Genesis Health Group, Bettendorf Pediatrics | Dr. Linda Delessio MD Pediatrician Medical Clinic
-
Genesis Health Group, Bettendorf OB/GYN Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.19M
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$3.13M
Owner & transaction history
Ajs Holdings LLC · 13 yrs held
Ajs Holdings LLC
since 2013
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 Bettendorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bettendorf 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%
$4,530,000
6.5%
$4,185,000
7%
$3,885,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,985,000
Current use
OFFICE BUILDING
$4,970,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,650,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,380,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.13M
Range $2.81M – $3.44M · ±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
$110 / 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
$191,344
Tax year 2023
Assessed value
$5,338,100
Assessed 2024
Previous assessed
$6,492,900
-17.8% YoY
Effective rate
3.58%
On assessed value
Assessed land
$676,000
Assessed improvement
$4,662,100
Land market value
$676,000
Improvement market value
$4,662,100
Total market value
$5,338,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Total area
28,292 SF
Lot
3.76 ac (163,786 SF)
APN
8429120012
UPID
US25-0672025
Jurisdiction
SCOTT
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
MEDICAL BUILDING Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
NONE
Stories
1
Lot
3.76 ac
Current owner
From public records · entity-resolved
Ajs Holdings LLC
Entity
Mailing address
5111 UTICA RDG RD, DAVENPORT, IA 52807-3062
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Feb 17, 2025
—
Ajs Holdings LLC
—
Deed
related
$1,193,030 · David Konle, Individually
Feb 10, 2023
—
Ajs Holdings LLC
—
Deed
related
$400,000 · David J Kempen Etal
Feb 3, 2023
—
Andrew J Sallee
—
Deed
related
$181,000 · Richard J Ryan
Apr 8, 2021
—
Ajs Holdings LLC
—
Deed
related
$400,000 · David J Kempen Etal
Apr 1, 2021
—
Ajs Holdings LLC
—
Deed
related
$4,150,000 · Midamerica National Bank
Aug 3, 2017
—
Ajs Holdings LLC
—
Deed
related
$5,525,000 · Tbk Bank Ssb
Jun 17, 2013
$5,500,000
Ajs Holdings LLC
Lincoln Healthcare Building Lc
Warranty Deed
$4,181,250 · Ajs Holdings 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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