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    Property profile & analytics

    20424 Hwy 62 Bellevue, IA 52031-9427

    • Flex space
    • 9,920 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    May 29, 2024
    Location Intelligence
    Property ID
    US25-1571272
    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

    • Flex space

    Property Details for 20424 Hwy 62

    Year built
    2006
    Construction
    FRAME
    Lot size
    3.00 lot acres
    Property size
    9,920 SF
    Property type
    Flex space
    APN
    10732300019000
    APU
    10732300019000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Jackson
    State
    Iowa
    Longitude
    -90.525
    Latitude
    42.2108

    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
    $5,296
    $40,000
    $441,500
    $481,500
    -
    $40,000
    $441,500
    $481,500

    Comparable in this City

    • Value Estimation by Request
      884 SF

      38572 Bellevue Cascade Rd

      LIGHT INDUSTRIAL • 884 SF
      38572 Bellevue Cascade Rd, Bellevue, IA 52031
      View Details
    • Value Estimation by Request
      6,000 SF

      20422 Hwy 62

      LIGHT INDUSTRIAL • 6,000 SF
      20422 Hwy 62, Bellevue, IA 52031-9427
      View Details
    • Value Estimation by Request
      3,621 SF

      804 State St

      LIGHT INDUSTRIAL • 3,621 SF
      804 State St, Bellevue, IA 52031-1915
      View Details
    • Value Estimation
      $500,000
      7,800 SF

      21570 Hwy 62

      LIGHT INDUSTRIAL • 7,800 SF
      21570 Hwy 62, Bellevue, IA 52031-9772
      View Details
    • Value Estimation
      $420,000
      8,337 SF

      207 Rose St

      LIGHT INDUSTRIAL • 8,337 SF
      207 Rose St, Bellevue, IA 52031-1401
      View Details
    • Value Estimation
      $330,000
      1,920 SF

      104 8th St

      LIGHT INDUSTRIAL • 1,920 SF
      104 8th St, Bellevue, IA 52031-2002
      View Details

    Similar Nearby for Sale

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      27257 258Th St, Bellevue, IA 52031
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    • $40,900
      0.72 Acres

      Residential Lot in Bellevue, Iowa

      Residential lot with potential walkout in a newer subdivision.
      122 Riviera Dr, Bellevue, IA 52031
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    • $425,000
      30.56 Acres

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    • $62,000
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      Bellevue, Iowa Residential Lot

      2.88-acre residential lot near Bellevue Golf Course.
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    • $1,798,508
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      Bellevue, Iowa Vacant Land

      195.49 acre recreational property with income potential and outdoor adventure.
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    Bellevue, IA 52031-9427
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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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