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    Property profile & analytics

    2 Walnut St Colfax, IA 50054-1038

    • Office buildings
    • 2,528 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US25-1654090
    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

    • Office buildings

    Property Details for 2 Walnut St

    Year built
    1928
    Lot size
    0.21 lot acres
    Property size
    2,528 SF
    Property type
    Office buildings
    APN
    1101335014
    APU
    1101335014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    Jasper
    State
    Iowa
    Longitude
    -93.2449
    Latitude
    41.6773
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN 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
    2023
    $2,100
    $18,190
    $91,330
    $109,520
    -
    $18,190
    $91,330
    $109,520

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      8 Howard St

      PROFESSIONAL BUILDING • 2,000 SF
      8 Howard St, Colfax, IA 50054-1214
      View Details
    • Value Estimation by Request
      1,277 SF

      900 Walnut St

      OFFICE BUILDING • 1,277 SF
      900 Walnut St, Colfax, IA 50054-9607
      View Details
    • Value Estimation by Request
      672 SF

      Colfax, IA 50054

      OFFICE BUILDING • 672 SF
      Colfax, IA 50054
      View Details
    • Value Estimation by Request
      1,008 SF

      123 Walnut St

      OFFICE BUILDING • 1,008 SF
      123 Walnut St, Colfax, IA 50054-1039
      View Details
    • Value Estimation by Request
      1,392 SF

      116 Walnut St

      OFFICE BUILDING • 1,392 SF
      116 Walnut St, Colfax, IA 50054-1040
      View Details
    • Value Estimation
      $330,000
      4,840 SF

      11 Howard St

      PROFESSIONAL BUILDING • 4,840 SF
      11 Howard St, Colfax, IA 50054-1020
      View Details

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    2 Walnut St
    Colfax, IA 50054-1038
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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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