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    Property profile & analytics

    120 Main St Rake, IA 50465-7707

    • Retail space
    • 1,384 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0570039
    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

    • Rake Upholstery & Repair / Farm

    Property Details for 120 Main St

    Year built
    1935
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    1,384 SF
    Property type
    Retail space
    APN
    116206006
    APU
    116206006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rake
    County
    Winnebago
    State
    Iowa
    Longitude
    -93.9192
    Latitude
    43.4846

    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
    $228
    $1,250
    $13,210
    $14,460
    -
    $1,250
    $13,210
    $14,460

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      116 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      116 Main St, Rake, IA 50465
      View Details
    • Value Estimation by Request
      552 SF

      112 Main St

      RETAIL STORES (PERSONAL SERVICES) • 552 SF
      112 Main St, Rake, IA 50465
      View Details
    • Value Estimation
      $195,000
      3,504 SF

      102 Main St

      FINANCIAL BUILDING • 3,504 SF
      102 Main St, Rake, IA 50465-7707
      View Details
    • Value Estimation by Request
      1,520 SF

      110 Main St

      BARBER, HAIR SALON • 1,520 SF
      110 Main St, Rake, IA 50465-7707
      View Details
    • Value Estimation by Request
      3,075 SF

      111 Main St

      RESTAURANT • 3,075 SF
      111 Main St, Rake, IA 50465-7709
      View Details
    • Value Estimation by Request
      3,432 SF

      101 Main St

      BAR, TAVERN • 3,432 SF
      101 Main St, Rake, IA 50465
      View Details

    Similar Nearby for Sale

    • $299,900
      1.74 Acres

      Turnkey Apartment Building in Rake

      Updated 8-unit apartment buildings on 1.74 acre lot.
      204 3 St SW, Rake, IA 50465
      View Details
    • $325,900
      1.74 Acres

      Rake, IA 8-Unit Apartment Complex

      Turnkey multifamily, positive cash flow, great upside.
      204 3 St, Rake, IA 50465
      View Details
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    120 Main St
    Rake, IA 50465-7707
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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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