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    Property profile & analytics

    1901 15Th Ave Eldora, IA 50627

    • Office buildings
    • 1,600 SF
    • 2.25 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1604239
    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

    • Whink Products Co / Dry Cleaner

    Property Details for 1901 15Th Ave

    Year built
    1969
    Lot size
    2.25 lot acres
    Property size
    1,600 SF
    Property type
    Office buildings
    APN
    871907406002
    APU
    871907406002

    Description

    This single-tenant industrial property, located at 1901 15th Ave in Eldora, Iowa, offers 29,920 square feet of warehouse space ideal for distribution, manufacturing, or warehousing operations. The building, constructed in 1969 and classified as Class B, sits on a 2.25-acre lot within a larger 98,010 square foot parcel. The property features an 18-foot ceiling height, providing ample vertical space for storage or equipment. Loading and unloading is facilitated by one loading dock and three drive-in doors. The zoning is designated as M1, suitable for various industrial uses. The building is currently vacant, presenting an excellent opportunity for a single tenant or potential subdivision for multiple smaller users. The property's central Iowa location offers convenient access to transportation routes. While the original listing mentioned 1600 square feet of office space, this detail is not confirmed in the provided property information and therefore cannot be included in this listing. This Hardin County property presents a significant opportunity for businesses seeking a functional and well-located industrial space. The property is ready for immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $255,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $310,000
      Mixed-Use
      $260,000
      Hospitality
      $310,000
      Educational
      $315,000
      Residential Income
      $290,000
      Energy
      $300,000
      Income-Based Land
      $260,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Eldora
    County
    Hardin
    State
    Iowa
    Longitude
    -93.1068
    Latitude
    42.3583

    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
    $13,056
    $31,250
    $261,610
    $292,860
    -
    $31,250
    $261,610
    $292,860

    Comparable in this City

    • Value Estimation by Request
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      864 SF

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      1128 Edgington Ave, Eldora, IA 50627-1737
      View Details
    • Value Estimation
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      Eldora, IA 50627

      OFFICE BUILDING • 3,224 SF
      Eldora, IA 50627
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    • Value Estimation
      $410,000
      3,933 SF

      1305 12th St

      OFFICE BUILDING • 3,933 SF
      1305 12th St, Eldora, IA 50627-1722
      View Details
    • Value Estimation
      $380,000
      1,976 SF

      1318 14th Ave

      OFFICE BUILDING • 1,976 SF
      1318 14th Ave, Eldora, IA 50627-1606
      View Details
    • Value Estimation
      $350,000
      240 SF

      23954 Ee Ave

      OFFICE BUILDING • 240 SF
      23954 Ee Ave, Eldora, IA 50627
      View Details

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    Similar Nearby for Lease

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    1901 15Th Ave
    Eldora, IA 50627
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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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