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    186 Elm St Morrison, IA 50657

    For Sale
    Contact for pricing

    LAND - Morrison, IA

    Lot size:
    0.40 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 186 Elm St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    87164485006
    Lot size
    0.40 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Lockard Realty Co. (319) 493-4000 [email protected]

    Listing agent Michael Taylor (319) 277-8000

    Listing date Jun 28, 2025

    MLS# 20215450 Listing URL

    Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Morrison, Iowa

    This is an undeveloped residential land offering, consisting of two combined lots, 187 and 188 Elm Street, in Morrison, Iowa. The combined lot size measures 131 feet by 132 feet, totaling approximately 0.4 acres. The property is zoned R-1 and is located within a small community, making it suitable for residential development.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Steakhouse

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Grundy
    State
    Iowa
    Longitude
    -92.673808
    Latitude
    42.344151

    FAQs

    What type of property is this?
    Residential land & home lot - Undeveloped residential land in a small Iowa community.
    Where is this residential land & home lot located?
    The property is located at 186 Elm St Morrison, IA.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Good size lot suitable for residential construction.; - Two lots combined for a **total size of 131x132**.; - Located in a small community.
    (319) 277-8000
    Request Owner's contact information
    186 Elm St Morrison, IA 50657
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    Morrison, IA 50657
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    186 Elm St Morrison, IA 50657
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