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    Property profile & analytics

    116 2nd SE Ave Cresco, IA 52136-1838

    • Office Properties & Spaces
    • 7,094 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US25-2140349
    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

    • Cresco Shopper / Office Supply Store / Party Store

    Property Details for 116 2nd SE Ave

    Year built
    1960
    Lot size
    0.14 lot acres
    Property size
    7,094 SF
    Property type
    Office Properties & Spaces
    APN
    321012301030000
    APU
    321012301030000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cresco
    County
    Howard
    State
    Iowa
    Longitude
    -92.1163
    Latitude
    43.3716

    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
    2022
    $2,182
    $16,540
    $166,650
    $183,190
    -
    $16,540
    $166,650
    $183,190

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      116 1st W Ave

      OFFICE (GENERAL) • 1,000 SF
      116 1st W Ave, Cresco, IA 52136-1514
      View Details
    • Value Estimation by Request
      1,950 SF

      122 2nd W Ave

      OFFICE (GENERAL) • 1,950 SF
      122 2nd W Ave, Cresco, IA 52136-1518
      View Details
    • Value Estimation
      $565,000
      4,956 SF

      311 7th SW St

      OFFICE (GENERAL) • 4,956 SF
      311 7th SW St, Cresco, IA 52136-1857
      View Details
    • Value Estimation
      $455,000
      3,648 SF

      Cresco, IA 52136

      OFFICE (GENERAL) • 3,648 SF
      Cresco, IA 52136
      View Details
    • Value Estimation
      $80,000
      2,349 SF

      325 2nd SW Ave

      OFFICE (GENERAL) • 2,349 SF
      325 2nd SW Ave, Cresco, IA 52136-1843
      View Details
    • Value Estimation
      $510,000
      5,000 SF

      521 2nd SW Ave

      OFFICE (GENERAL) • 5,000 SF
      521 2nd SW Ave, Cresco, IA 52136-1847
      View Details

    Similar Nearby for Sale

    • $699,000
      4,250 SF

      Downtown Cresco Retail Gem

      Prime location, remodeled, fully equipped.
      104 Elm St, Cresco, IA 52136
      View Details
    • $449,500
      6,196 SF

      Prime Cresco Commercial Space

      High-visibility, versatile commercial building
      201 3Rd St, Cresco, IA 52136
      View Details
    • $369,000
      2,975 SF

      Cresco Bakery & Coffee Shop Sale

      Turnkey Business, High-Traffic Location
      114 Elm St, Cresco, IA 52136
      View Details
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    116 2nd SE Ave
    Cresco, IA 52136-1838
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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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