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    Property profile & analytics

    1600 18th SW St Le Mars, IA 51031-8208

    • Flex space
    • 7,200 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Jan 02, 2020
    $450,000
    Location Intelligence
    Property ID
    US25-2313617
    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

    • Top Notch Automotive / Engine Rebuilding Service / Transmission Shop

    Property Details for 1600 18th SW St

    Year built
    2001
    Construction
    FRAME
    Lot size
    0.55 lot acres
    Property size
    7,200 SF
    Property type
    Flex space
    APN
    12-20-302-009
    APU
    1220302009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $460,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $530,000
      Mixed-Use
      $420,000
      Hospitality
      $565,000
      Educational
      $520,000
      Residential Income
      $460,000
      Energy
      $415,000
      Income-Based Land
      $545,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1897
    Latitude
    42.771

    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
    $7,210
    $41,460
    $383,440
    $424,900
    -
    $41,460
    $383,440
    $424,900

    Comparable in this City

    • Value Estimation by Request
      980 SF

      75 Lincoln SE St

      LIGHT INDUSTRIAL • 980 SF
      75 Lincoln SE St, Le Mars, IA 51031-3645
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    • Value Estimation by Request
      9,460 SF

      1100 12th SW St

      LIGHT INDUSTRIAL • 9,460 SF
      1100 12th SW St, Le Mars, IA 51031-3049
      View Details
    • Value Estimation
      $805,000
      32,166 SF

      1811 Industrial SW Rd

      LIGHT INDUSTRIAL • 32,166 SF
      1811 Industrial SW Rd, Le Mars, IA 51031-3042
      View Details
    • Value Estimation
      $360,000
      4,284 SF

      841 Prospect SW St

      LIGHT INDUSTRIAL • 4,284 SF
      841 Prospect SW St, Le Mars, IA 51031-3029
      View Details
    • Value Estimation by Request
      10,800 SF

      Le Mars, IA 51031

      LIGHT INDUSTRIAL • 10,800 SF
      Le Mars, IA 51031
      View Details
    • Value Estimation by Request
      6,880 SF

      Le Mars, IA 51031

      LIGHT INDUSTRIAL • 6,880 SF
      Le Mars, IA 51031
      View Details

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    1600 18th SW St
    Le Mars, IA 51031-8208
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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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