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    Property profile & analytics

    1505 Monroe St Mt Pleasant, IA 52641-1981

    • Office buildings
    • 16,700 SF
    • 2.47 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US25-1403654
    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

    • Office buildings

    Property Details for 1505 Monroe St

    Year built
    1993
    Lot size
    2.47 lot acres
    Property size
    16,700 SF
    Property type
    Office buildings
    APN
    411081040102300
    APU
    411081040102300

    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
    -91.5311
    Latitude
    40.9659

    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
    $15,760
    $129,400
    $408,030
    $537,430
    -
    $129,400
    $408,030
    $537,430

    Comparable in this City

    • Value Estimation by Request
      6,120 SF

      106 Jackson St

      OFFICE BUILDING • 6,120 SF
      106 Jackson St, Mt Pleasant, IA 52641-2047
      View Details
    • Value Estimation by Request
      1,200 SF

      905 Iris St

      OFFICE BUILDING • 1,200 SF
      905 Iris St, Mt Pleasant, IA 52641-1851
      View Details
    • Value Estimation by Request
      33,909 SF

      307 Monroe St

      OFFICE BUILDING • 33,909 SF
      307 Monroe St, Mt Pleasant, IA 52641-1989
      View Details
    • Value Estimation by Request
      2,108 SF

      111 Washington St

      PROFESSIONAL BUILDING • 2,108 SF
      111 Washington St, Mt Pleasant, IA 52641-1932
      View Details
    • Value Estimation
      $350,000
      3,876 SF

      124 Main St

      OFFICE BUILDING • 3,876 SF
      124 Main St, Mt Pleasant, IA 52641-2095
      View Details
    • Value Estimation
      $375,000
      1,536 SF

      2411 Radio Dr

      OFFICE BUILDING • 1,536 SF
      2411 Radio Dr, Mt Pleasant, IA 52641-8207
      View Details

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    Mt Pleasant, IA 52641-1981
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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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