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    Property profile & analytics

    1005 Okoboji Vw Ave Okoboji, IA 51355-7733

    • Retail space
    • 19,929 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Feb 28, 2023
    $295,000
    Location Intelligence
    Property ID
    US25-1495541
    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

    • SmarterHome.ai - Compare Local Internet Deals / Home Automation Company / Security System Supplier
    • Snook's of Okoboji / Carpet Store / Glass & Mirror Shop
    • Okoboji Wholesale / Appliance Store / Wholesaler Household Appliances

    Property Details for 1005 Okoboji Vw Ave

    Year built
    2016
    Lot size
    1.18 lot acres
    Property size
    19,929 SF
    Property type
    Retail space
    APN
    717376019
    APU
    717376019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $345,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $395,000
      Mixed-Use
      $405,000
      Hospitality
      $430,000
      Educational
      $365,000
      Residential Income
      $330,000
      Energy
      $330,000
      Income-Based Land
      $410,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Okoboji
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.1262
    Latitude
    43.3892
    CBSA code
    44020
    CBSA name
    SPIRIT LAKE, IA MICROPOLITAN 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
    $27,990
    $299,900
    $1,249,800
    $1,549,700
    -
    $299,900
    $1,249,800
    $1,549,700

    Comparable in this City

    • Value Estimation
      $370,000
      3,442 SF

      1021 Hwy 71st S

      RETAIL STORES (PERSONAL SERVICES) • 3,442 SF
      1021 Hwy 71st S, Okoboji, IA 51355-2544
      View Details
    • Value Estimation by Request
      576 SF

      1201 Brks Park Dr

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      1201 Brks Park Dr, Okoboji, IA 51355-7704
      View Details
    • Value Estimation by Request
      5,686 SF

      1401 Lk Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,686 SF
      1401 Lk Shr Dr, Okoboji, IA 51355-7722
      View Details
    • Value Estimation by Request
      21,128 SF

      1401 Lk Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 21,128 SF
      1401 Lk Shr Dr, Okoboji, IA 51355-7722
      View Details
    • Value Estimation
      $460,000
      3,280 SF

      1220 Hwy 71st N

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      1220 Hwy 71st N, Okoboji, IA 51355-7714
      View Details
    • Value Estimation
      $500,000
      10,000 SF

      1651 Exchange St

      RETAIL STORES (PERSONAL SERVICES) • 10,000 SF
      1651 Exchange St, Okoboji, IA 51355-2600
      View Details
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    Okoboji, IA 51355-7733
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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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