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    Property profile & analytics

    116 Elm St West Union, IA 52175-1381

    • Retail space
    • 10,500 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2352633
    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 116 Elm St

    Year built
    1886
    Construction
    BRICK
    Lot size
    0.15 lot acres
    Property size
    10,500 SF
    Property type
    Retail space
    APN
    717235008
    APU
    717235008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Union
    County
    Fayette
    State
    Iowa
    Longitude
    -91.8071
    Latitude
    42.961

    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
    $1,530
    $14,690
    $75,340
    $90,030
    -
    $14,690
    $75,340
    $90,030

    Comparable in this City

    • Value Estimation by Request
      21.50 Acres

      7226 Filmore Rd

      RETAIL STORES (PERSONAL SERVICES) • 21.50 Acres
      7226 Filmore Rd, West Union, IA 52175
      View Details
    • Value Estimation by Request
      3,328 SF

      315 Hwy 150th N

      RETAIL STORES (PERSONAL SERVICES) • 3,328 SF
      315 Hwy 150th N, West Union, IA 52175-1048
      View Details
    • Value Estimation
      $365,000
      5,600 SF

      112 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      112 Elm St, West Union, IA 52175-1329
      View Details
    • Value Estimation by Request
      4,794 SF

      126 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 4,794 SF
      126 Franklin St, West Union, IA 52175-1528
      View Details
    • Value Estimation by Request
      1,170 SF

      311 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 1,170 SF
      311 Pne St, West Union, IA 52175-1225
      View Details
    • Value Estimation
      $315,000
      3,808 SF

      103 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 3,808 SF
      103 Railroad St, West Union, IA 52175-1517
      View Details
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    116 Elm St
    West Union, IA 52175-1381
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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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