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    Property profile & analytics

    1267 240th St State Center, IA 50247-9703

    • Retail space
    • 10,250 SF
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US25-1398829
    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

    • BRINK EXCURSIONS / Outdoor Sports Store / Hunting Store

    Property Details for 1267 240th St

    Year built
    1976
    Construction
    FRAME
    Property size
    10,250 SF
    Zone code
    A1
    Property type
    Retail space
    APN
    8320-09-400-926
    APU
    832009400926

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    State Center
    County
    Marshall
    State
    Iowa
    Longitude
    -93.1755
    Latitude
    42.0083
    CBSA code
    32260
    CBSA name
    MARSHALLTOWN, IA MICROPOLITAN 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
    $1,630
    $0.00
    $147,940
    $147,940
    -
    $0.00
    $147,940
    $147,940

    Comparable in this City

    • Value Estimation
      $335,000
      2,000 SF

      104 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      104 Main W St, State Center, IA 50247-7769
      View Details
    • Value Estimation by Request
      800 SF

      112 Main E St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      112 Main E St, State Center, IA 50247-7765
      View Details
    • Value Estimation
      $100,000
      1,175 SF

      118 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 1,175 SF
      118 Main W St, State Center, IA 50247-7769
      View Details
    • Value Estimation
      $60,000
      3,000 SF

      122 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      122 Main W St, State Center, IA 50247-7769
      View Details
    • Value Estimation by Request
      4,000 SF

      123 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      123 Main W St, State Center, IA 50247-7769
      View Details
    • Value Estimation
      $190,000
      2,200 SF

      112 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      112 Main W St, State Center, IA 50247-7792
      View Details
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    1267 240th St
    State Center, IA 50247-9703
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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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