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    509 Pr Ln Lester, IA 51242

    For Sale
    $49,500

    Residential - Lester, IA

    Type:Single Family Residence
    Lot size:
    0.53 Acres
    Days on Market:
    121
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 509 Pr Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    370000015404111
    Lot size
    0.53 Acres

    Building Details

    Architectural style
    Other

    Ameri/Star Real Estate, Inc

    Listing agent Jessica Mogler

    Listing date Aug 8, 2025

    MLS# 829609 Listing URL

    Copyright © 2025 Northwest 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 Lot in Lester, Iowa

    This residential lot is located in a new development in Lester, Iowa, which features several new homes at or near completion. The lot offers an opportunity to build a home in a small Iowa community. The development includes paved streets and sidewalks, curb and gutter, and city sewer and water. The lot is suitable for a walk-out basement build and has a size of 0.53 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lester
    County
    Lyon
    State
    Iowa
    Longitude
    -96.3349
    Latitude
    43.4416

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot available in a new Iowa development.
    Where is this residential land & home lot located?
    The property is located at 509 Pr Ln Lester, IA.
    What is the asking price?
    The asking price for this property is $49,500.
    What are key features of this property?
    This property features: - New home construction opportunity in Lester, Iowa.; - **Suitable lot for walk-out basement.**; - Paved streets and sidewalks.
    (507) 220-8891
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    Lester, IA 51242
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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
    509 Pr Ln Lester, IA 51242
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