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    Property profile & analytics

    1405 Washington St Mt Pleasant, IA 52641-1978

    • Retail space
    • 8,932 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Jan 05, 2024
    Location Intelligence
    Property ID
    US25-1195530
    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

    • Retail space

    Property Details for 1405 Washington St

    Year built
    1950
    Construction
    FRAME
    Lot size
    1.49 lot acres
    Property size
    8,932 SF
    Property type
    Retail space
    APN
    411081040200600
    APU
    411081040200600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mt Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.533
    Latitude
    40.9639

    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
    $9,850
    $186,750
    $176,910
    $363,660
    -
    $186,750
    $176,910
    $363,660

    Comparable in this City

    • Value Estimation by Request
      1,718 SF

      204 Clay St

      RETAIL STORES (PERSONAL SERVICES) • 1,718 SF
      204 Clay St, Mt Pleasant, IA 52641-2301
      View Details
    • Value Estimation by Request
      2,940 SF

      123 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,940 SF
      123 Main St, Mt Pleasant, IA 52641-2081
      View Details
    • Value Estimation by Request
      750 SF

      Mount

      RETAIL STORES (PERSONAL SERVICES) • 750 SF
      Mount, Pleasant, IA 52641
      View Details
    • Value Estimation
      $150,000
      4,628 SF

      108 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 4,628 SF
      108 Jefferson St, Mt Pleasant, IA 52641-2078
      View Details
    • Value Estimation
      $160,000
      6,934 SF

      101 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 6,934 SF
      101 Jefferson St, Mt Pleasant, IA 52641-2198
      View Details
    • Value Estimation
      $145,000
      6,437 SF

      110 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,437 SF
      110 Main St, Mt Pleasant, IA 52641-2000
      View Details

    Similar Nearby for Sale

    • $650,000
      20,000 SF

      Mount Pleasant Retail Opportunity

      High-visibility commercial building with ample space and parking.
      2235 E Washington St, Mount Pleasant, IA 52641
      View Details
    • $51,500
      1.73 Acres

      Residential Land Near Country Club

      1.73 acre residential lot near Mount Pleasant Country Club.
      12 Pin Oaks Ln, Mount Pleasant, IA 52641
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    • $89,000
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      Mount Pleasant Land For Sale

      1.66 acre lot with development potential in Mount Pleasant, IA.
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    • $35,500
      1.90 Acres

      Residential Land in Creek View

      1.9 acre residential lot in Mount Pleasant, Iowa.
      Creekview Sub, Mount Pleasant, IA 52641
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    • $647,500
      4,059 SF

      Updated Fourplex in Mount Pleasant

      Well-maintained, fully occupied fourplex with recent updates and positive cash flow.
      302-308 W State St, Trenton, IA 52641
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    • $69,000
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      Commercial Land on West Washington

      Commercial land with high visibility and easy access.
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    Mt Pleasant, IA 52641-1978
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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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