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    Property profile & analytics

    106 Rainbow Dr Elkader, IA 52043-9075

    • Flex space
    • 14,025 SF
    • 3.90 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US25-0480942
    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

    • Rise Ltd / Non-Profit Organization

    Property Details for 106 Rainbow Dr

    Year built
    1995
    Lot size
    3.90 lot acres
    Property size
    14,025 SF
    Property type
    Flex space
    APN
    2523127004
    APU
    2523127004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkader
    County
    Clayton
    State
    Iowa
    Longitude
    -91.4019
    Latitude
    42.8635

    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
    $8,190
    $32,340
    $328,106
    $360,446
    -
    $0.00
    $0.00
    $902,008

    Comparable in this City

    • Value Estimation
      $195,000
      3,180 SF

      24496 Hwy 13

      LIGHT INDUSTRIAL • 3,180 SF
      24496 Hwy 13, Elkader, IA 52043-8006
      View Details
    • Value Estimation by Request
      14,400 SF

      600 Gunder Rd

      LIGHT INDUSTRIAL • 14,400 SF
      600 Gunder Rd, Elkader, IA 52043-9089
      View Details
    • Value Estimation by Request
      7,760 SF

      1003 Miller St

      LIGHT INDUSTRIAL • 7,760 SF
      1003 Miller St, Elkader, IA 52043-9080
      View Details
    • Value Estimation
      $220,000
      4,000 SF

      107 12th Gunder Rd

      LIGHT INDUSTRIAL • 4,000 SF
      107 12th Gunder Rd, Elkader, IA 52043-9020
      View Details
    • Value Estimation
      $305,000
      5,400 SF

      912 High NE St

      LIGHT INDUSTRIAL • 5,400 SF
      912 High NE St, Elkader, IA 52043-9001
      View Details
    • Value Estimation by Request
      4,150 SF

      402 High SE St

      LIGHT INDUSTRIAL • 4,150 SF
      402 High SE St, Elkader, IA 52043
      View Details

    Similar Nearby for Sale

    • $390,000
      5,360 SF

      Restaurant and Retail Opportunity

      Commercial property suitable for restaurant or retail use in Elkader.
      203 S Main St, Elkader, IA 52043
      View Details
    • $175,000
      1.79 Acres

      Commercial Lot on Highway 13

      1.79-acre commercial lot on State Highway 13 in Elkader, Iowa.
      Bridge St E, Elkader, IA 52043
      View Details
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    106 Rainbow Dr
    Elkader, IA 52043-9075
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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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