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Property profile & analytics

540 2Nd St Traer, IA 50675

  • Commercial real estate
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-1424564
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Farmers Mutual Insurance Co / Insurance Agency

Property Details for 540 2Nd St

Lot size
0.06 lot acres
Property type
Commercial real estate
APN
07.10.131.024
APU
710131024

Description

This exceptional 1,760 square foot commercial property, located at 540 2nd Street in the vibrant downtown area of Traer, Iowa, presents a fantastic opportunity for a variety of businesses. The building boasts a highly desirable blend of office and retail space, perfectly suited for a range of uses. The main level features a welcoming reception area, ideal for client interaction, along with three private offices providing ample space for individual work or team collaboration. A secure vault offers added security for sensitive documents or valuable items. A versatile conference room/break room provides a comfortable space for meetings or employee breaks. The property also includes substantial storage space located in the basement, offering additional flexibility and practicality. Adding to the property's appeal is a convenient attached two-stall garage, providing secure parking and extra storage. The property sits on a 0.05-acre lot, offering a manageable footprint in a thriving downtown location. Priced competitively at $52,500, this property represents an excellent investment opportunity in a dynamic Iowa community. The combination of prime location, versatile space, and convenient amenities makes this a truly exceptional offering. Don't miss the chance to own this well-maintained and functional commercial space in the heart of Traer.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Traer
County
Tama
State
Iowa
Longitude
-92.4661
Latitude
42.1937

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$2,760
$48,110
$50,870
-
$2,760
$48,110
$50,870
More about this property
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