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    Property profile & analytics

    1505 Walnut St Algona, IA 50511-1853

    • Retail space
    • 2,933 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0550541
    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 1505 Walnut St

    Year built
    1979
    Lot size
    1.21 lot acres
    Property size
    2,933 SF
    Property type
    Retail space
    APN
    22-01-127-009
    APU
    2201127009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algona
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.2188
    Latitude
    43.0804

    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
    2021
    $1,160
    $15,028
    $65,695
    $80,723
    -
    $15,028
    $65,695
    $80,723

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      112 Phillips St

      RETAIL STORES (PERSONAL SERVICES) • 2,016 SF
      112 Phillips St, Algona, IA 50511-2834
      View Details
    • Value Estimation by Request
      1,550 SF

      1318 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,550 SF
      1318 Main St, Algona, IA 50511-1822
      View Details
    • Value Estimation by Request
      4,360 SF

      108 State St

      RETAIL STORES (PERSONAL SERVICES) • 4,360 SF
      108 State St, Algona, IA 50511-2734
      View Details
    • Value Estimation by Request
      8,992 SF

      203 State St

      RETAIL STORES (PERSONAL SERVICES) • 8,992 SF
      203 State St, Algona, IA 50511-2737
      View Details
    • Value Estimation
      $160,000
      7,225 SF

      1811 Hwy 18th E

      RETAIL STORES (PERSONAL SERVICES) • 7,225 SF
      1811 Hwy 18th E, Algona, IA 50511-1201
      View Details
    • Value Estimation
      $110,000
      11,616 SF

      320 State St

      RETAIL STORES (PERSONAL SERVICES) • 11,616 SF
      320 State St, Algona, IA 50511-2738
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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    Algona, IA 50511-1853
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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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