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    Property profile & analytics

    203 1st St Montrose, IA 52639

    • Warehouses
    • 2,340 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0711899
    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

    • Warehouses

    Property Details for 203 1st St

    Year built
    1980
    Property size
    2,340 SF
    Property type
    Warehouses
    APN
    01-39-18-10-227-0020
    APU
    13918102270020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Lee
    State
    Iowa
    Longitude
    -91.414
    Latitude
    40.5314
    CBSA code
    22800
    CBSA name
    FORT MADISON-KEOKUK, IA-IL-MO 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
    2023
    $0.00
    $0.00
    $63,000
    $63,000
    -
    $0.00
    $63,000
    $63,000

    Comparable in this City

    • Value Estimation
      $105,000
      2,322 SF

      2484 255th St

      WAREHOUSE, STORAGE • 2,322 SF
      2484 255th St, Montrose, IA 52639-9553
      View Details
    • Value Estimation by Request
      2,160 SF

      Montrose, IA 52639

      MINI-WAREHOUSE, STORAGE • 2,160 SF
      Montrose, IA 52639
      View Details
    • Value Estimation by Request
      2,240 SF

      200 1st St

      WAREHOUSE, STORAGE • 2,240 SF
      200 1st St, Montrose, IA 52639
      View Details
    • Value Estimation by Request
      3,900 SF

      2506 260th St

      WAREHOUSE, STORAGE • 3,900 SF
      2506 260th St, Montrose, IA 52639-9400
      View Details
    • Value Estimation by Request
      7,200 SF

      2471 280th St

      WAREHOUSE, STORAGE • 7,200 SF
      2471 280th St, Montrose, IA 52639-9569
      View Details
    • Value Estimation
      $230,000
      9,600 SF

      Montrose, IA 52639

      WAREHOUSE, STORAGE • 9,600 SF
      Montrose, IA 52639
      View Details
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    203 1st St
    Montrose, IA 52639
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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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