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    Property profile & analytics

    147 15th Ave Council Bluffs, IA 51503-6827

    • Sports & entertainment properties
    • 1.45 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Oct 27, 2020
    $75,000
    Location Intelligence
    Property ID
    US25-0794488
    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

    • Old School Academy / Baseball Club / Softball Club
    • Therese Korth / Psychologist
    • Grover Cleveland Elementary School / School

    Property Details for 147 15th Ave

    Year built
    1957
    Lot size
    1.45 lot acres
    Zone code
    R-3
    Property type
    Sports & entertainment properties
    APN
    7444 01 226 011
    APU
    744401226011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $70,000

    • CAP approach

      CAP return
      Estimation
      6%
      $75,000
      6.5%
      $70,000
      7%
      $85,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $65,000
      Geo Method
      $80,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $60,000
      Retail
      $75,000
      Mixed-Use
      $65,000
      Hospitality
      $80,000
      Educational
      $70,000
      Residential Income
      $80,000
      Energy
      $60,000
      Income-Based Land
      $80,000
      Food Service
      $70,000

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.8446
    Latitude
    41.2466
    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
    $6,686
    $88,700
    $285,600
    $374,300
    -
    $88,700
    $285,600
    $374,300

    Comparable in this City

    • Value Estimation by Request
      16,200 SF

      10073 192nd St

      RECREATIONAL, ENTERTAINMENT • 16,200 SF
      10073 192nd St, Council Bluffs, IA 51503-6969
      View Details
    • Value Estimation by Request
      29,134 SF

      1900 Madison Ave

      BOWLING ALLEY • 29,134 SF
      1900 Madison Ave, Council Bluffs, IA 51503-5250
      View Details
    • Value Estimation
      $240,000
      11,848 SF

      830 Franklin Ave

      THEATER (MOVIE) • 11,848 SF
      830 Franklin Ave, Council Bluffs, IA 51503-5016
      View Details
    • Value Estimation
      $485,000
      8,200 SF

      23579 Hwy 6th 6

      GOLF COURSE • 8,200 SF
      23579 Hwy 6th 6, Council Bluffs, IA 51503-5905
      View Details
    • Value Estimation
      $400,000
      17,444 SF

      15 State St

      BOWLING ALLEY • 17,444 SF
      15 State St, Council Bluffs, IA 51503-4439
      View Details
    • Value Estimation by Request
      0.19 Acres

      Council Bluffs, IA 51503

      COMMERCIAL (GENERAL) • 0.19 Acres
      Council Bluffs, IA 51503
      View Details

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    Council Bluffs, IA 51503-6827
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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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