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    Property profile & analytics

    118 Main NE St New Albin, IA 52160-4401

    • Banks
    • 3,970 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US25-1364350
    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

    • New Albin Insurance Agency / Insurance Agency
    • New Albin Savings Bank / Savings Bank / Bank

    Property Details for 118 Main NE St

    Year built
    1898
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    3,970 SF
    Property type
    Banks
    APN
    311107001
    APU
    311107001

    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 Albin
    County
    Allamakee
    State
    Iowa
    Longitude
    -91.2887
    Latitude
    43.4963

    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
    $10,556
    $9,000
    $374,600
    $383,600
    -
    $9,000
    $374,600
    $383,600

    Comparable in this City

    • Value Estimation
      $205,000
      6,190 SF

      136 Main NE St

      FINANCIAL BUILDING • 6,190 SF
      136 Main NE St, New Albin, IA 52160
      View Details
    • Value Estimation by Request
      4,200 SF

      223 Ross SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,200 SF
      223 Ross SW Ave, New Albin, IA 52160
      View Details
    • Value Estimation by Request
      1,372 SF

      217 Main NW St

      BARBER, HAIR SALON • 1,372 SF
      217 Main NW St, New Albin, IA 52160-7759
      View Details
    • Value Estimation
      $345,000
      6,074 SF

      199 Railroad NW Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,074 SF
      199 Railroad NW Ave, New Albin, IA 52160-9702
      View Details
    • Value Estimation
      $350,000
      4,204 SF

      174 Main NE St

      RESTAURANT • 4,204 SF
      174 Main NE St, New Albin, IA 52160-4402
      View Details
    • Value Estimation
      $205,000
      2,069 SF

      176 Elm NE St

      RESTAURANT • 2,069 SF
      176 Elm NE St, New Albin, IA 52160-7729
      View Details
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    118 Main NE St
    New Albin, IA 52160-4401
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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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