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    Property profile & analytics

    1515 18th W St Spencer, IA 51301-2857

    • Flex space
    • 4,644 SF
    • 2.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 09, 2022
    Location Intelligence
    Property ID
    US25-0030164
    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

    • Iowa State University Extension and Outreach Clay County / Government College

    Property Details for 1515 18th W St

    Year built
    2023
    Construction
    FRAME
    Lot size
    2.70 lot acres
    Property size
    4,644 SF
    Zone code
    C-1 GENERAL COMMERCIAL
    Property type
    Flex space
    APN
    963701352001
    APU
    963701352001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1673
    Latitude
    43.1566
    CBSA code
    43980
    CBSA name
    SPENCER, IA MICROPOLITAN STATISTICAL AREA

    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
    $0.00
    $148,050
    $549,330
    $697,380
    -
    $148,050
    $549,330
    $697,380

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      409 Milw St

      LIGHT INDUSTRIAL • 1,800 SF
      409 Milw St, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      2,025 SF

      1007 2nd W Ave

      LIGHT INDUSTRIAL • 2,025 SF
      1007 2nd W Ave, Spencer, IA 51301-3606
      View Details
    • Value Estimation by Request
      1,600 SF

      528 7th St

      LIGHT INDUSTRIAL • 1,600 SF
      528 7th St, Spencer, IA 51301-3323
      View Details
    • Value Estimation
      $265,000
      8,580 SF

      12 3rd St

      LIGHT INDUSTRIAL • 8,580 SF
      12 3rd St, Spencer, IA 51301-4130
      View Details
    • Value Estimation by Request
      1,250 SF

      300 Park St

      LIGHT INDUSTRIAL • 1,250 SF
      300 Park St, Spencer, IA 51301
      View Details
    • Value Estimation
      $270,000
      10,200 SF

      1701 35th W Ave

      LIGHT INDUSTRIAL • 10,200 SF
      1701 35th W Ave, Spencer, IA 51301-2550
      View Details

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    Spencer, IA 51301-2857
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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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