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    Property profile & analytics

    1129 Main St Keokuk, IA 52632

    • Retail space
    • 5,912 SF
    • 0.96 lot acres
    For Lease
    View listing
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US25-0625287
    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

    • Retail space

    Property Details for 1129 Main St

    Year built
    2004
    Lot size
    0.96 lot acres
    Property size
    5,912 SF
    Property type
    Retail space
    APN
    04-45-21-25-189-0010
    APU
    44521251890010

    Description

    This exceptional retail property, located at 1129 Main Street in Keokuk, Iowa, offers 6,009 square feet of vacant space in a multi-tenant building situated on a one-acre lot (43,442 square feet). The property is categorized as a storefront and strip center, providing a versatile layout suitable for a variety of commercial uses. Individual spaces are available, ranging from a minimum of 1,430 square feet to a maximum contiguous space of 4,579 square feet. The building is meticulously maintained and ready for immediate occupancy. Its prime location in Lee County, Iowa, ensures high visibility and convenient access for customers. The property's ample parking further enhances its appeal to businesses seeking a thriving location. This is an excellent opportunity for businesses seeking a well-maintained space with high visibility and convenient access in a desirable location. The property is ready for immediate occupancy and customization to meet specific business needs. Its strategic location promises connectivity and growth potential for any business. The address is 1129 Main Street, Keokuk, IA 52632.

    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%
      $250,000
      6.5%
      $230,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $235,000
      Mixed-Use
      $260,000
      Hospitality
      $285,000
      Educational
      $215,000
      Residential Income
      $225,000
      Energy
      $225,000
      Income-Based Land
      $240,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Keokuk
    County
    Lee
    State
    Iowa
    Longitude
    -91.3883
    Latitude
    40.4011
    CBSA code
    22800
    CBSA name
    FORT MADISON-KEOKUK, IA-IL-MO 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
    $24,148
    $120,000
    $461,740
    $581,740
    -
    $120,000
    $461,740
    $581,740

    Comparable in this City

    • Value Estimation by Request
      880 SF

      1126 7th St

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      1126 7th St, Keokuk, IA 52632-5203
      View Details
    • Value Estimation by Request
      1,602 SF

      717 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,602 SF
      717 Main St, Keokuk, IA 52632-4856
      View Details
    • Value Estimation by Request
      5,880 SF

      928 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,880 SF
      928 Main St, Keokuk, IA 52632-4655
      View Details
    • Value Estimation by Request
      5,840 SF

      521 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,840 SF
      521 Main St, Keokuk, IA 52632-5449
      View Details
    • Value Estimation by Request
      5,816 SF

      525 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,816 SF
      525 Main St, Keokuk, IA 52632-5449
      View Details
    • Value Estimation
      $155,000
      5,040 SF

      3245 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,040 SF
      3245 Main St, Keokuk, IA 52632-2263
      View Details

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    1129 Main St
    Keokuk, IA 52632
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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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