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    Property profile & analytics

    1502 Madison St Bedford, IA 50833-1043

    • Medical offices
    • 2,736 SF
    • 1.12 lot acres
    OFF-MARKET
    Value Estimation
    $600,000
    Location Intelligence
    Property ID
    US25-1889195
    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

    • Medical offices

    Property Details for 1502 Madison St

    Year built
    2013
    Lot size
    1.12 lot acres
    Property size
    2,736 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    436003107000
    APU
    436003107000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Taylor
    State
    Iowa
    Longitude
    -94.7218
    Latitude
    40.6749

    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
    $13,062
    $28,820
    $532,560
    $561,380
    -
    $28,820
    $532,560
    $561,380

    Comparable in this City

    • Value Estimation by Request
      2,025 SF

      Bedford, IA 50833

      MEDICAL BUILDING • 2,025 SF
      Bedford, IA 50833
      View Details
    • Value Estimation by Request
      3,200 SF

      303 Pearl St

      MEDICAL BUILDING • 3,200 SF
      303 Pearl St, Bedford, IA 50833-1339
      View Details
    • Value Estimation
      $630,000
      3,320 SF

      408 Dodge St

      MEDICAL BUILDING • 3,320 SF
      408 Dodge St, Bedford, IA 50833-1413
      View Details
    • Value Estimation by Request
      1,410 SF

      618 Ct Ave

      MEDICAL BUILDING • 1,410 SF
      618 Ct Ave, Bedford, IA 50833-1303
      View Details
    • Value Estimation by Request
      6,160 SF

      309 Main St

      HOMES (RETIRED, NURSING) • 6,160 SF
      309 Main St, Bedford, IA 50833-1319
      View Details
    • Value Estimation by Request
      16,371 SF

      1005 Pearl St

      HOMES (RETIRED, NURSING) • 16,371 SF
      1005 Pearl St, Bedford, IA 50833-1276
      View Details

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    • $190,000
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      Bedford Iowa Investment Opportunity

      Well-maintained 5-unit apartment building in a prime location.
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    1502 Madison St
    Bedford, IA 50833-1043
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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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