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    Property profile & analytics

    115 Madison St Washington, IA 52353-1742

    • Retail space
    • 5,950 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US25-1869505
    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

    • O'Reilly Auto Parts / Car Stereo Store / Motorcycle Parts Store

    Property Details for 115 Madison St

    Year built
    1999
    Lot size
    0.58 lot acres
    Property size
    5,950 SF
    Property type
    Retail space
    APN
    11-17-382-025
    APU
    1117382025

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.6924
    Latitude
    41.2962
    CBSA code
    26980
    CBSA name
    IOWA CITY, 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
    $13,194
    $106,600
    $294,100
    $400,700
    -
    $106,600
    $294,100
    $400,700

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      702 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      702 Washington St, Washington, IA 52353-2145
      View Details
    • Value Estimation
      $210,000
      10,032 SF

      115 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,032 SF
      115 2nd Ave, Washington, IA 52353-2006
      View Details
    • Value Estimation
      $245,000
      13,320 SF

      319 5th St

      RETAIL STORES (PERSONAL SERVICES) • 13,320 SF
      319 5th St, Washington, IA 52353-2312
      View Details
    • Value Estimation
      $230,000
      4,200 SF

      1050 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 4,200 SF
      1050 Madison St, Washington, IA 52353-1624
      View Details
    • Value Estimation
      $250,000
      2,780 SF

      1820 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,780 SF
      1820 Main St, Washington, IA 52353-2931
      View Details
    • Value Estimation
      $220,000
      7,800 SF

      202 Marion Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,800 SF
      202 Marion Ave, Washington, IA 52353-1919
      View Details

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    115 Madison St
    Washington, IA 52353-1742
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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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