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    Property profile & analytics

    1827 240th St Inwood, IA 51240-7730

    • Flex space
    • 4,996 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 25, 2022
    Location Intelligence
    Property ID
    US25-1729045
    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

    • Lee's Repair / Tractor Repair Shop

    Property Details for 1827 240th St

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.76 lot acres
    Property size
    4,996 SF
    Property type
    Flex space
    APN
    300002014320000
    APU
    300002014320000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Inwood
    County
    Lyon
    State
    Iowa
    Longitude
    -96.4264
    Latitude
    43.3013

    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
    $1,282
    $22,800
    $112,320
    $135,120
    -
    $22,800
    $112,320
    $135,120

    Comparable in this City

    • Value Estimation by Request
      5,280 SF

      1847 240th St

      LIGHT INDUSTRIAL • 5,280 SF
      1847 240th St, Inwood, IA 51240-7730
      View Details
    • Value Estimation
      $330,000
      14,700 SF

      1733 Us 18th St

      LIGHT INDUSTRIAL • 14,700 SF
      1733 Us 18th St, Inwood, IA 51240-7578
      View Details
    • Value Estimation
      $295,000
      18,800 SF

      312 Us 18th St

      LIGHT INDUSTRIAL • 18,800 SF
      312 Us 18th St, Inwood, IA 51240
      View Details
    • Value Estimation by Request
      1,056 SF

      407 Main St

      LIGHT INDUSTRIAL • 1,056 SF
      407 Main St, Inwood, IA 51240-7809
      View Details
    • Value Estimation
      $400,000
      5,000 SF

      Inwood, IA 51240

      LIGHT INDUSTRIAL • 5,000 SF
      Inwood, IA 51240
      View Details
    • Value Estimation
      $330,000
      7,480 SF

      Industrial Park

      LIGHT INDUSTRIAL • 7,480 SF
      Industrial Park, Inwood, IA 51240
      View Details
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    1827 240th St
    Inwood, IA 51240-7730
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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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