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    Property profile & analytics

    1605 Monroe St Mt Pleasant, IA 52641-3205

    • Flex space
    • 10,049 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US25-1190040
    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

    • Flex space

    Property Details for 1605 Monroe St

    Year built
    1979
    Lot size
    0.91 lot acres
    Property size
    10,049 SF
    Property type
    Flex space
    APN
    411081042700200
    APU
    411081042700200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mt Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.5293
    Latitude
    40.9657

    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
    $6,078
    $72,800
    $179,460
    $252,260
    -
    $72,800
    $179,460
    $252,260

    Comparable in this City

    • Value Estimation by Request
      2,160 SF

      Mount

      LIGHT INDUSTRIAL • 2,160 SF
      Mount, Pleasant, IA 52641
      View Details
    • Value Estimation
      $420,000
      8,440 SF

      Mount

      LIGHT INDUSTRIAL • 8,440 SF
      Mount, Pleasant, IA 52641
      View Details
    • Value Estimation
      $200,000
      2,544 SF

      1615 Broadway St

      LIGHT INDUSTRIAL • 2,544 SF
      1615 Broadway St, Mt Pleasant, IA 52641-9287
      View Details
    • Value Estimation
      $380,000
      3,168 SF

      2699 Hoover Ave

      LIGHT INDUSTRIAL • 3,168 SF
      2699 Hoover Ave, Mt Pleasant, IA 52641-8242
      View Details
    • Value Estimation
      $255,000
      4,000 SF

      904 Monroe St

      LIGHT INDUSTRIAL • 4,000 SF
      904 Monroe St, Mt Pleasant, IA 52641
      View Details
    • Value Estimation
      $275,000
      10,620 SF

      205 Taft St

      LIGHT INDUSTRIAL • 10,620 SF
      205 Taft St, Mt Pleasant, IA 52641-1344
      View Details

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    1605 Monroe St
    Mt Pleasant, IA 52641-3205
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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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