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    Property profile & analytics

    18 1st NE Ave Le Mars, IA 51031-3536

    • Grocery and convenience stores
    • 25,982 SF
    • 2.16 lot acres
    OFF-MARKET
    Value Estimation
    $680,000
    Last Sale
    Jan 25, 2022
    Location Intelligence
    Property ID
    US25-2327891
    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

    • Grocery and convenience stores

    Property Details for 18 1st NE Ave

    Year built
    1971
    Lot size
    2.16 lot acres
    Property size
    25,982 SF
    Property type
    Grocery and convenience stores
    APN
    12-09-457-005
    APU
    1209457005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1642
    Latitude
    42.7937

    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
    $29,948
    $231,000
    $862,460
    $1,093,460
    -
    $231,000
    $862,460
    $1,093,460

    Comparable in this City

    • Value Estimation by Request
      4,231 SF

      Le Mars, IA 51031

      CONVENIENCE STORE • 4,231 SF
      Le Mars, IA 51031
      View Details
    • Value Estimation
      $945,000
      10,882 SF

      321 5th SW Ave

      CONVENIENCE STORE • 10,882 SF
      321 5th SW Ave, Le Mars, IA 51031-1918
      View Details
    • Value Estimation by Request
      12,871 SF

      2280 Key Ave

      CONVENIENCE STORE • 12,871 SF
      2280 Key Ave, Le Mars, IA 51031-1216
      View Details
    • Value Estimation
      $210,000
      2,307 SF

      346 Plymouth SW St

      CONVENIENCE STORE • 2,307 SF
      346 Plymouth SW St, Le Mars, IA 51031-3442
      View Details
    • Value Estimation by Request
      3,320 SF

      101 5th SW Ave

      CONVENIENCE STORE • 3,320 SF
      101 5th SW Ave, Le Mars, IA 51031-3430
      View Details
    • Value Estimation by Request
      4,168 SF

      436 Plymouth SW St

      CONVENIENCE STORE • 4,168 SF
      436 Plymouth SW St, Le Mars, IA 51031-3443
      View Details

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    18 1st NE Ave
    Le Mars, IA 51031-3536
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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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