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    Property profile & analytics

    1206 Locust St Glenwood, IA 51534-1889

    • Retail space
    • 2,752 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Jan 23, 2024
    Location Intelligence
    Property ID
    US25-1723654
    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

    • Medicap® Pharmacy / Pharmacy / Medical Equipment Supplier
    • Nancy Schmailzl / Pharmacy

    Property Details for 1206 Locust St

    Year built
    2007
    Lot size
    0.85 lot acres
    Property size
    2,752 SF
    Property type
    Retail space
    APN
    65390010400000
    APU
    65390010400000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Mills
    State
    Iowa
    Longitude
    -95.75
    Latitude
    41.037
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    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
    $13,102
    $84,376
    $364,933
    $449,309
    -
    $84,376
    $364,933
    $449,309

    Comparable in this City

    • Value Estimation by Request
      4,041 SF

      2 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 4,041 SF
      2 Walnut St, Glenwood, IA 51534-1739
      View Details
    • Value Estimation
      $235,000
      2,550 SF

      405 Sharp St

      RETAIL STORES (PERSONAL SERVICES) • 2,550 SF
      405 Sharp St, Glenwood, IA 51534-1729
      View Details
    • Value Estimation by Request
      7,171 SF

      1201 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 7,171 SF
      1201 Locust St, Glenwood, IA 51534-1872
      View Details
    • Value Estimation by Request
      1,968 SF

      4 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,968 SF
      4 Walnut St, Glenwood, IA 51534-1739
      View Details
    • Value Estimation
      $205,000
      2,116 SF

      411 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,116 SF
      411 Locust St, Glenwood, IA 51534-1826
      View Details
    • Value Estimation
      $215,000
      3,744 SF

      405 Nuckolls St

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      405 Nuckolls St, Glenwood, IA 51534-1920
      View Details

    Similar Nearby for Sale

    • $750,000
      1,250 SF

      Established Business with Real Estate

      Thriving coffee and ice cream shop with real estate.
      501 S Locust St, Glenwood, IA 51534
      View Details
    • $1,599,000
      13,600 SF

      Retail Property in Glenwood, Iowa

      Retail property with high visibility and strong co-tenants.
      1205 S Locust St, Glenwood, IA 51534
      View Details
    • $154,500
      2.52 Acres

      Glenwood, Iowa Vacant Land

      2.52 acres of vacant land for sale.
      56793 240Th St, Glenwood, IA 51534
      View Details
    • $200,000
      8.00 Acres

      Wooded Land Near Glenwood, Iowa

      Secluded wooded land ideal for homesite or getaway near Glenwood.
      8 Acres Masters Rd, Glenwood, IA 51534
      View Details
    • $228,400
      9.10 Acres

      Glenwood Acreage Building Site

      9.1 acre building site near Bellevue and Omaha.
      25827 Kane Ave, Glenwood, IA 51534
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    • $210,000
      4.41 Acres

      Glenwood Land Near City Limits

      4.41 acre building site near Glenwood with easy highway access.
      24624 Ingrum Ave, Glenwood, IA 51534
      View Details
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    Glenwood, IA 51534-1889
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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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