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    Property profile & analytics

    118 Main St Elkader, IA 52043-7717

    • Medical offices
    • 3,436 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Apr 01, 2024
    $145,000
    Location Intelligence
    Property ID
    US25-0738196
    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

    • Medical offices

    Property Details for 118 Main St

    Year built
    1890
    Lot size
    0.06 lot acres
    Property size
    3,436 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    2523303013
    APU
    2523303013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkader
    County
    Clayton
    State
    Iowa
    Longitude
    -91.4043
    Latitude
    42.854

    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
    $2,364
    $7,260
    $96,797
    $104,057
    -
    $7,260
    $96,797
    $104,057

    Comparable in this City

    • Value Estimation
      $310,000
      3,961 SF

      202 Main St

      MEDICAL BUILDING • 3,961 SF
      202 Main St, Elkader, IA 52043-9078
      View Details
    • Value Estimation by Request
      2,212 SF

      911 Carter NW St

      MEDICAL BUILDING • 2,212 SF
      911 Carter NW St, Elkader, IA 52043-9016
      View Details
    • Value Estimation
      $315,000
      2,368 SF

      690 Brg St

      MEDICAL BUILDING • 2,368 SF
      690 Brg St, Elkader, IA 52043-9041
      View Details
    • Value Estimation
      $780,000
      23,705 SF

      116 Reimer SW St

      HOMES (RETIRED, NURSING) • 23,705 SF
      116 Reimer SW St, Elkader, IA 52043-9558
      View Details
    • Value Estimation by Request
      3,798 SF

      Elkader, IA 52043

      OFFICE BUILDING • 3,798 SF
      Elkader, IA 52043
      View Details
    • Value Estimation by Request
      1,248 SF

      24544 Hwy 13

      OFFICE BUILDING • 1,248 SF
      24544 Hwy 13, Elkader, IA 52043-8004
      View Details

    Similar Nearby for Sale

    • $390,000
      5,360 SF

      Restaurant and Retail Opportunity

      Commercial property suitable for restaurant or retail use in Elkader.
      203 S Main St, Elkader, IA 52043
      View Details
    • $175,000
      1.79 Acres

      Commercial Lot on Highway 13

      1.79-acre commercial lot on State Highway 13 in Elkader, Iowa.
      Bridge St E, Elkader, IA 52043
      View Details
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    118 Main St
    Elkader, IA 52043-7717
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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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