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    Property profile & analytics

    1518 1st Ave Perry, IA 50220-1403

    • Manufacturing properties
    • 67,761 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $885,000
    Location Intelligence
    Property ID
    US25-0545195
    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

    • Progressive Foundry Inc / Manufacturer

    Property Details for 1518 1st Ave

    Year built
    1941
    Lot size
    1.70 lot acres
    Property size
    67,761 SF
    Property type
    Manufacturing properties
    APN
    210159003
    APU
    210159003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Dallas
    State
    Iowa
    Longitude
    -94.1058
    Latitude
    41.8433
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN 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
    $39,916
    $72,000
    $1,069,760
    $1,141,760
    -
    $0.00
    $0.00
    $1,397,930

    Comparable in this City

    • Value Estimation
      $315,000
      15,600 SF

      Perry, IA 50220

      MANUFACTURING (LIGHT) • 15,600 SF
      Perry, IA 50220
      View Details
    • Value Estimation by Request
      1,525 SF

      268 280th St

      MANUFACTURING (LIGHT) • 1,525 SF
      268 280th St, Perry, IA 50220
      View Details
    • Value Estimation
      $660,000
      46,162 SF

      1501 5th St

      MANUFACTURING (LIGHT) • 46,162 SF
      1501 5th St, Perry, IA 50220-1428
      View Details
    • Value Estimation by Request
      144,400 SF

      16082 141st St

      MANUFACTURING (LIGHT) • 144,400 SF
      16082 141st St, Perry, IA 50220-6204
      View Details
    • Value Estimation
      $530,000
      66,000 SF

      Perry, IA 50220

      MANUFACTURING (LIGHT) • 66,000 SF
      Perry, IA 50220
      View Details
    • Value Estimation
      $330,000
      15,040 SF

      Perry, IA 50220

      MANUFACTURING (LIGHT) • 15,040 SF
      Perry, IA 50220
      View Details

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    • Contact for pricing
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    1518 1st Ave
    Perry, IA 50220-1403
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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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