Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    109 Locust St Winfield, IA 52659-9586

    • Banks
    • 4,567 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US25-1213972
    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

    • Wayland State Bank / Bank / Atm
    • Pilot Grove Savings Bank / Bank / Investment Service
    • Shazam Atm / Atm

    Property Details for 109 Locust St

    Year built
    2003
    Lot size
    0.34 lot acres
    Property size
    4,567 SF
    Property type
    Banks
    APN
    340031625501800
    APU
    340031625501800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $320,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $300,000
      Mixed-Use
      $330,000
      Hospitality
      $380,000
      Educational
      $365,000
      Residential Income
      $295,000
      Energy
      $325,000
      Income-Based Land
      $315,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Winfield
    County
    Henry
    State
    Iowa
    Longitude
    -91.4375
    Latitude
    41.1282

    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
    $10,844
    $19,800
    $375,610
    $395,410
    -
    $19,800
    $375,610
    $395,410

    Comparable in this City

    • Value Estimation
      $385,000
      6,756 SF

      120 Locust St

      FINANCIAL BUILDING • 6,756 SF
      120 Locust St, Winfield, IA 52659-9586
      View Details
    • Value Estimation by Request
      684 SF

      104 Locust St

      LAUNDROMAT (SELF-SERVICE) • 684 SF
      104 Locust St, Winfield, IA 52659-9525
      View Details
    • Value Estimation by Request
      2,414 SF

      105 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,414 SF
      105 Locust St, Winfield, IA 52659
      View Details
    • Value Estimation
      $1,165,000
      9,216 SF

      Winfield, IA 52659

      RETAIL STORES (PERSONAL SERVICES) • 9,216 SF
      Winfield, IA 52659
      View Details
    • Value Estimation by Request
      3,360 SF

      108 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      108 Locust St, Winfield, IA 52659
      View Details
    • Value Estimation by Request
      1,760 SF

      107 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      107 Locust St, Winfield, IA 52659-9525
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Locust St
    Winfield, IA 52659-9586
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.