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    116 Main St New London, IA 52645

    • Individual retail properties
    • 1,184 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1266922
    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

    • Individual retail properties

    Property Details for 116 Main St

    Year built
    1953
    Lot size
    0.08 lot acres
    Property size
    1,184 SF
    Property type
    Individual retail properties
    APN
    440092613501800
    APU
    440092613501800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Henry
    State
    Iowa
    Longitude
    -91.4022
    Latitude
    40.926

    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
    $762
    $7,050
    $31,970
    $39,020
    -
    $7,050
    $31,970
    $39,020

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      100 Care Cir St

      DRY CLEANER • 1,008 SF
      100 Care Cir St, New London, IA 52645-1767
      View Details
    • Value Estimation by Request
      3,440 SF

      108 Main St

      BARBER, HAIR SALON • 3,440 SF
      108 Main St, New London, IA 52645-1334
      View Details
    • Value Estimation
      $375,000
      12,792 SF

      127 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,792 SF
      127 Main St, New London, IA 52645-1354
      View Details
    • Value Estimation by Request
      7,266 SF

      610 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 7,266 SF
      610 Pne St, New London, IA 52645-1418
      View Details
    • Value Estimation
      $210,000
      2,656 SF

      102 Walnut St

      FINANCIAL BUILDING • 2,656 SF
      102 Walnut St, New London, IA 52645-1512
      View Details
    • Value Estimation by Request
      4,132 SF

      138 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,132 SF
      138 Main St, New London, IA 52645-1334
      View Details
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    116 Main St
    New London, IA 52645
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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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