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    Property profile & analytics

    1011 1st NE Ave Mount Vernon, IA 52314-1406

    • Manufacturing properties
    • 3,600 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 13, 2025
    $1,160,000
    Location Intelligence
    Property ID
    US25-2470702
    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

    • Manufacturing properties

    Property Details for 1011 1st NE Ave

    Year built
    1990
    Lot size
    0.74 lot acres
    Property size
    3,600 SF
    Property type
    Manufacturing properties
    APN
    17-10-1-03-009-0-0000
    APU
    171010300900000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Linn
    State
    Iowa
    Longitude
    -91.409
    Latitude
    41.9295
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, 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
    $3,500
    $57,700
    $116,000
    $173,700
    -
    $57,700
    $116,000
    $173,700

    Comparable in this City

    • Value Estimation
      $690,000
      42,261 SF

      2100 Palisades SW Rd

      MANUFACTURING (LIGHT) • 42,261 SF
      2100 Palisades SW Rd, Mount Vernon, IA 52314
      View Details
    • Value Estimation
      $340,000
      8,672 SF

      700 1st NE Ave

      MANUFACTURING (LIGHT) • 8,672 SF
      700 1st NE Ave, Mount Vernon, IA 52314-1415
      View Details
    • Value Estimation by Request
      2,400 SF

      1225 1st Ave Nw Trlr, Unit 42

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      1225 1st Ave Nw Trlr, Mount Vernon, IA 52314-9708
      View Details
    • Value Estimation
      $300,000
      4,080 SF

      620 1st NE Ave

      MINI-WAREHOUSE, STORAGE • 4,080 SF
      620 1st NE Ave, Mount Vernon, IA 52314
      View Details
    • Value Estimation by Request
      512 SF

      320 3rd NE St

      WAREHOUSE, STORAGE • 512 SF
      320 3rd NE St, Mount Vernon, IA 52314
      View Details
    • Value Estimation by Request
      2,200 SF

      700 1st NE Ave

      MINI-WAREHOUSE, STORAGE • 2,200 SF
      700 1st NE Ave, Mount Vernon, IA 52314-1415
      View Details

    Similar Nearby for Sale

    • $225,000
      17.00 Acres

      17 Acres Iowa Hunting Land

      Recreational & Timberland Retreat near Cedar Rapids.
      0 Wood Grove Rd, Mount Vernon, IA 52314
      View Details
    • Contact for pricing
      7,200 SF

      Downtown Mt Vernon Retail Opportunity

      Blank canvas retail/office space in downtown Mt Vernon, Iowa.
      113 1 St Mt NE, Vernon, IA 52314
      View Details
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    1011 1st NE Ave
    Mount Vernon, IA 52314-1406
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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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