Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    118 Main St Clarion, IA 50525-1416

    • Retail space
    • 5,055 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US25-1888512
    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

    • grounded / Restaurant / American Restaurant

    Property Details for 118 Main St

    Year built
    1921
    Lot size
    0.06 lot acres
    Property size
    5,055 SF
    Property type
    Retail space
    APN
    11-06-102-014
    APU
    1106102014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarion
    County
    Wright
    State
    Iowa
    Longitude
    -93.7332
    Latitude
    42.731

    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
    $2,046
    $4,300
    $103,000
    $107,300
    -
    $4,300
    $103,000
    $107,300

    Comparable in this City

    • Value Estimation by Request
      2,374 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,374 SF
      106 Main St, Clarion, IA 50525-1438
      View Details
    • Value Estimation
      $150,000
      14,054 SF

      1209 Central E Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,054 SF
      1209 Central E Ave, Clarion, IA 50525-1703
      View Details
    • Value Estimation
      $180,000
      4,200 SF

      912 Central E Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,200 SF
      912 Central E Ave, Clarion, IA 50525-1620
      View Details
    • Value Estimation
      $70,000
      1,577 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,577 SF
      106 Main St, Clarion, IA 50525-1416
      View Details
    • Value Estimation
      $90,000
      9,214 SF

      204 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,214 SF
      204 Main St, Clarion, IA 50525-1440
      View Details
    • Value Estimation
      $200,000
      1,008 SF

      406 2nd SW St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      406 2nd SW St, Clarion, IA 50525-1813
      View Details

    Similar Nearby for Sale

    • $240,000
      2,508 SF

      Updated Commercial Building on Highway

      Updated commercial building suitable for office, retail, or income property.
      223 Central Ave W, Clarion, IA 50525
      View Details
    • $220,000
      7,200 SF

      Prime Clarion Commercial Space

      Spacious building, ideal for business or storage.
      1302 Central Ave, Clarion, IA 50525
      View Details
    • $240,000
      2,508 SF

      Prime Clarion Office Building

      High-traffic location, versatile space, great investment.
      223 Central Ave, Clarion, IA 50525
      View Details
    • $92,500
      0.31 Acres

      Clarion Commercial Storage Shed

      Spacious Storage Shed, Prime Location
      125 Sherwood St, Clarion, IA 50525
      View Details
    • $109,000
      0.21 Acres

      Exceptional Office Building in Clarion, IA

      Move-in ready office building with income potential in Clarion, Iowa.
      210 1St St SW, Clarion, IA 50525
      View Details
    • $250,000
      2,552 SF

      Commercial Property in Clarion, Iowa

      Commercial property for sale in Clarion, Iowa. Business zoning.
      122 S Main St, Clarion, IA 50525
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 Main St
    Clarion, IA 50525-1416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.