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    Property profile & analytics

    114 1st E Ave, Unit 116 Newton, IA 50208-3742

    • Retail space
    • 7,656 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Jun 14, 2022
    Location Intelligence
    Property ID
    US25-1527541
    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 114 1st E Ave

    Year built
    1917
    Lot size
    0.13 lot acres
    Property size
    7,656 SF
    Property type
    Retail space
    APN
    834138006
    APU
    834138006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0528
    Latitude
    41.6998
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, 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
    $2,356
    $23,230
    $97,350
    $120,580
    -
    $23,230
    $97,350
    $120,580

    Comparable in this City

    • Value Estimation by Request
      54,676 SF

      3021 1st E Ave

      RETAIL STORES (PERSONAL SERVICES) • 54,676 SF
      3021 1st E Ave, Newton, IA 50208-2706
      View Details
    • Value Estimation by Request
      5,174 SF

      209 2nd N St

      RETAIL STORES (PERSONAL SERVICES) • 5,174 SF
      209 2nd N St, Newton, IA 50208-3253
      View Details
    • Value Estimation by Request
      1,456 SF

      6602 Ginger Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,456 SF
      6602 Ginger Ave, Newton, IA 50208-9080
      View Details
    • Value Estimation
      $170,000
      3,271 SF

      112 4th N St

      RETAIL STORES (PERSONAL SERVICES) • 3,271 SF
      112 4th N St, Newton, IA 50208
      View Details
    • Value Estimation
      $300,000
      2,300 SF

      317 7th N St

      RETAIL STORES (PERSONAL SERVICES) • 2,300 SF
      317 7th N St, Newton, IA 50208-3343
      View Details
    • Value Estimation
      $890,000
      40,672 SF

      3020 1st E Ave

      RETAIL STORES (PERSONAL SERVICES) • 40,672 SF
      3020 1st E Ave, Newton, IA 50208-2705
      View Details

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      61,444 SF

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      61,444 SF industrial facility with rail access available for lease.
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    114 1st E Ave, Unit 116
    Newton, IA 50208-3742
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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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