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    703 1St St Palo, IA 52324

    For Sale
    $40,000

    Residential Lot - Palo, IA

    Lot size:
    0.19 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 703 1St St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    122910200900000
    Lot size
    0.19 Acres

    Building Details

    Architectural style
    Other

    Legacy Group REALTORS (DBA Keller Williams Legacy Group) (319) 423-4139 [email protected]

    Listing agent Amy Eaton (319) 423-4139

    Listing date Sep 26, 2025

    MLS# 2503296 Listing URL

    Copyright © 2025 Cedar Rapids Area Association 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

    Palo, Iowa Buildable Lot

    This 0.193-acre lot is located in Palo, Iowa, and is zoned C3, making it suitable for residential or office business use. Adjacent lots are also available. The property includes a 20x24 garage, which is considered to have no value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Storage Facility Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Palo
    County
    Linn
    State
    Iowa
    Longitude
    -91.7960599
    Latitude
    42.0656521

    FAQs

    What type of property is this?
    Commercial land - Buildable lot in Palo, Iowa, suitable for residential or office.
    Where is this commercial land located?
    The property is located at 703 1St St Palo, IA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Zoned C3: Allows for residential or office business use.; - Buildable lot.; - Adjacent lots available (2503297 & 2503295).
    (319) 423-4139
    Request Owner's contact information
    703 1St St Palo, IA 52324
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    Palo, IA 52324
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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
    703 1St St Palo, IA 52324
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