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    Property profile & analytics

    204 3rd St Martinsburg, IA 52568-7703

    • Retail space
    • 3,200 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1670073
    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

    • Retail space

    Property Details for 204 3rd St

    Year built
    1917
    Lot size
    0.40 lot acres
    Property size
    3,200 SF
    Property type
    Retail space
    APN
    MBCOP-007800
    APU
    MBCOP007800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Keokuk
    State
    Iowa
    Longitude
    -92.2515
    Latitude
    41.1787

    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
    $126
    $3,960
    $4,360
    $8,320
    -
    $3,960
    $4,360
    $8,320

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      607 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      607 Main St, Martinsburg, IA 52568-7714
      View Details
    • Value Estimation by Request
      3,264 SF

      106 3rd St

      CHARITABLE ORGANIZATION • 3,264 SF
      106 3rd St, Martinsburg, IA 52568
      View Details
    • Value Estimation by Request
      640 SF

      405 Church St

      OFFICE BUILDING • 640 SF
      405 Church St, Martinsburg, IA 52568-7708
      View Details
    • Value Estimation by Request
      0.42 Acres

      Martinsburg, IA 52568

      VACANT COMMERCIAL LAND • 0.42 Acres
      Martinsburg, IA 52568
      View Details
    • Value Estimation by Request
      1,700 SF

      307 3rd St

      WAREHOUSE, STORAGE • 1,700 SF
      307 3rd St, Martinsburg, IA 52568
      View Details
    • Value Estimation by Request
      0.05 Acres

      305 Church St

      COMMERCIAL (GENERAL) • 0.05 Acres
      305 Church St, Martinsburg, IA 52568
      View Details
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    204 3rd St
    Martinsburg, IA 52568-7703
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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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