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    Property profile & analytics

    1501 Grand Ave Charles City, IA 50616-3671

    • Automotive properties
    • 5,048 SF
    • 7.44 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2290981
    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

    • Mike Molstead Motors Service Center / Auto Repair Shop
    • Mike Molstead Motors Car Wash / Car Wash
    • MIKE MOLSTEAD MOTORS, INC. BUICK / Buick Dealer / Car Dealer
    • Mike Molstead Ford / Auto Repair Shop / Car Dealer
    • Mike Molstead Ford Service / Auto Repair Shop

    Property Details for 1501 Grand Ave

    Year built
    1997
    Lot size
    7.44 lot acres
    Property size
    5,048 SF
    Property type
    Automotive properties
    APN
    111320005700
    APU
    111320005700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charles City
    County
    Floyd
    State
    Iowa
    Longitude
    -92.674
    Latitude
    43.0476

    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
    2022
    $104,066
    $333,100
    $3,179,460
    $3,512,560
    -
    $333,100
    $3,179,460
    $3,512,560

    Comparable in this City

    • Value Estimation by Request
      2,960 SF

      Charles City, IA 50616

      VEHICLE SALES, RENTALS • 2,960 SF
      Charles City, IA 50616
      View Details
    • Value Estimation by Request
      4,480 SF

      2192 Old Hwy Rd

      VEHICLE SALES, RENTALS • 4,480 SF
      2192 Old Hwy Rd, Charles City, IA 50616-8901
      View Details
    • Value Estimation by Request
      2,960 SF

      1406 Grand Ave

      VEHICLE SALES, RENTALS • 2,960 SF
      1406 Grand Ave, Charles City, IA 50616-3672
      View Details
    • Value Estimation
      $50,000
      3,760 SF

      1401 Grand Ave

      CAR WASH - SELF-SERVE • 3,760 SF
      1401 Grand Ave, Charles City, IA 50616-3648
      View Details
    • Value Estimation by Request
      1,920 SF

      1300 Gilbert St

      SERVICE STATION (FULL SERVICE) • 1,920 SF
      1300 Gilbert St, Charles City, IA 50616-1630
      View Details
    • Value Estimation
      $200,000
      4,360 SF

      1412 Gilbert St

      SERVICE STATION (FULL SERVICE) • 4,360 SF
      1412 Gilbert St, Charles City, IA 50616-1602
      View Details

    Similar Nearby for Sale

    • $975,000
      111.00 Acres

      Recreational Land with Stocked Lake

      111 acres featuring an 18-acre stocked lake and hunting.
      1914 Windfall Ave, Charles City, IA 50616
      View Details
    • $104,000
      Pending

      Commercial Lot in Charles City

      Vacant commercial lot with concrete parking in busy intersection.
      501 Freeman St, Charles City, IA 50616
      View Details
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    1501 Grand Ave
    Charles City, IA 50616-3671
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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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