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    Property profile & analytics

    1509 Midwest Ave Alton, IA 51003-7502

    • Office buildings
    • 3,928 SF
    • 22.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1746409
    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 1509 Midwest Ave

    Year built
    1998
    Construction
    FRAME
    Lot size
    22.71 lot acres
    Property size
    3,928 SF
    Property type
    Office buildings
    APN
    23-02-227-002
    APU
    2302227002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Sioux
    State
    Iowa
    Longitude
    -96.0004
    Latitude
    42.9956

    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
    $329,350
    $445,650
    $11,002,770
    $11,448,420
    -
    $445,650
    $11,002,770
    $11,448,420

    Comparable in this City

    • Value Estimation
      $75,000
      2,256 SF

      210 10th St

      PROFESSIONAL BUILDING • 2,256 SF
      210 10th St, Alton, IA 51003-7715
      View Details
    • Value Estimation by Request
      1,392 SF

      305 10th St

      OFFICE BUILDING • 1,392 SF
      305 10th St, Alton, IA 51003-7712
      View Details
    • Value Estimation
      $75,000
      1,158 SF

      307 10th St

      OFFICE BUILDING • 1,158 SF
      307 10th St, Alton, IA 51003-7712
      View Details
    • Value Estimation
      $450,000
      2,241 SF

      103 3rd Ave

      OFFICE BUILDING • 2,241 SF
      103 3rd Ave, Alton, IA 51003-8550
      View Details
    • Value Estimation
      $310,000
      1,934 SF

      1201 3rd Ave

      OFFICE BUILDING • 1,934 SF
      1201 3rd Ave, Alton, IA 51003-5005
      View Details
    • Value Estimation by Request
      7,233 SF

      905 3rd Ave

      OFFICE BUILDING • 7,233 SF
      905 3rd Ave, Alton, IA 51003-7738
      View Details

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    1509 Midwest Ave
    Alton, IA 51003-7502
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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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