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    Property profile & analytics

    102 1St St Kalona, IA 52247

    • Warehouses
    • 616 SF
    • 3.41 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1645196
    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

    • Warehouses

    Property Details for 102 1St St

    Year built
    2022
    Construction
    FRAME
    Lot size
    3.41 lot acres
    Property size
    616 SF
    Property type
    Warehouses
    APN
    03-18-101-031
    APU
    318101031

    Description

    This exceptional 3.41-acre commercial property presents a unique investment opportunity in the thriving town of Kalona, Iowa. Located at 102 1st Street, this expansive lot offers significant potential for a variety of commercial ventures. The property's generous size allows for ample development possibilities, catering to businesses requiring substantial space for operations, storage, or expansion. Its strategic location within Kalona ensures high visibility and accessibility, benefiting from existing infrastructure and proximity to local amenities. The asking price of $2,200,000 reflects the significant value and potential return on investment this property offers. Given its size and prime location, this property is ideal for developers seeking a substantial land parcel for a new commercial project or for established businesses looking to expand their operations. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering in the heart of Kalona. The property is zoned for commercial use, and all necessary utilities are readily available. This is a rare opportunity to acquire a significant commercial land holding in a desirable Iowa location. Further details regarding zoning regulations and utility specifications are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kalona
    County
    Washington
    State
    Iowa
    Longitude
    -91.7133
    Latitude
    41.4815
    CBSA code
    26980
    CBSA name
    IOWA CITY, IA METROPOLITAN STATISTICAL AREA

    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
    2023
    $48,564
    $116,700
    $1,458,900
    $1,575,600
    -
    $116,700
    $1,458,900
    $1,575,600

    Comparable in this City

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      5196 Farmers SW Ave

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    • Value Estimation
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      8,712 SF

      1410 Ee Ave

      WAREHOUSE, STORAGE • 8,712 SF
      1410 Ee Ave, Kalona, IA 52247-9778
      View Details

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    102 1St St
    Kalona, IA 52247
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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
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