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    Property profile & analytics

    2 4th St Clear Lake, IA 50428-1815

    • Retail space
    • 6,144 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    May 04, 2021
    $450,000
    Location Intelligence
    Property ID
    US25-0492996
    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

    • Charlie's Soda Fountain / Ice Cream Shop

    Property Details for 2 4th St

    Year built
    1914
    Lot size
    0.07 lot acres
    Property size
    6,144 SF
    Property type
    Retail space
    APN
    51328000500
    APU
    51328000500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.3808
    Latitude
    43.1368
    CBSA code
    32380
    CBSA name
    MASON CITY, IA MICROPOLITAN STATISTICAL AREA

    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
    2022
    $9,628
    $31,680
    $941,200
    $972,880
    -
    $31,680
    $941,200
    $972,880

    Comparable in this City

    • Value Estimation by Request
      8,774 SF

      7 8th St

      RETAIL STORES (PERSONAL SERVICES) • 8,774 SF
      7 8th St, Clear Lake, IA 50428-1978
      View Details
    • Value Estimation
      $200,000
      1,045 SF

      407 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,045 SF
      407 Main Ave, Clear Lake, IA 50428-1826
      View Details
    • Value Estimation by Request
      9,240 SF

      418 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,240 SF
      418 Main Ave, Clear Lake, IA 50428-1827
      View Details
    • Value Estimation
      $295,000
      3,065 SF

      5269 Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,065 SF
      5269 Shr Dr, Clear Lake, IA 50428-8661
      View Details
    • Value Estimation by Request
      20,641 SF

      830 Us Hwy 18th W

      RETAIL STORES (PERSONAL SERVICES) • 20,641 SF
      830 Us Hwy 18th W, Clear Lake, IA 50428
      View Details
    • Value Estimation by Request
      3,525 SF

      1907 Us Hwy 18th E

      RETAIL STORES (PERSONAL SERVICES) • 3,525 SF
      1907 Us Hwy 18th E, Clear Lake, IA 50428-2004
      View Details

    Similar Nearby for Sale

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      Prime Commercial Property in Clear Lake

      High-traffic location suitable for retail, office, or auto service.
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      Clear Lake Commercial Building For Sale

      6,000 sq ft commercial building with showroom and warehouse.
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      Clear Lake Commercial Opportunity

      Commercial property with excellent location and ample parking.
      1315 S 8Th St, Clear Lake, IA 50428
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    • $468,000
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      Clear Lake Commercial Property For Sale

      Commercial property in Clear Lake with high traffic location.
      712 Highway 18 E, Clear Lake, IA 50428
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    • $1,050,000
      6.16 Acres

      Clear Lake Land with Lake Views

      6.16 acre lot with lake views, ideal for development.
      S Shore Dr, Clear Lake, IA 50428
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    • $125,000
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      Desirable lot in new development near State Beach.
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    2 4th St
    Clear Lake, IA 50428-1815
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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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