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    Property profile & analytics

    210 Elm St Eldon, IA 52554

    • Self service car washes
    • 750 SF
    • 0.20 lot acres
    For Sale
    View listing
    $25,000
    Value Estimation
    Last Sale
    Aug 12, 2020
    Location Intelligence
    Property ID
    US25-2059206
    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

    • Self service car washes

    Property Details for 210 Elm St

    Year built
    1978
    Construction
    LOG
    Lot size
    0.20 lot acres
    Property size
    750 SF
    Property type
    Self service car washes
    APN
    2370010590000
    APU
    2370010590000

    Description

    This exceptional commercial property, located at 210 Elm Street in Eldon, Iowa, presents a fantastic investment opportunity. Situated on a 0.2-acre lot, the building offers a versatile space previously configured as a car wash. The structure includes a dedicated mechanical room, an enclosed wash bay, and an additional paved outdoor wash area, providing ample space for various commercial uses. A coin-operated change machine, installed in 2020, is included in the sale. While the current owner has utilized the property for storage, maintaining active utilities throughout their ownership, the property's inherent potential for a car wash business or similar venture remains significant. The asking price is $25,000. The square footage is not currently specified. This property is ideal for an entrepreneur seeking a ready-to-adapt space in a convenient Eldon location. The existing infrastructure, including the mechanical room and wash bays, offers a solid foundation for a variety of commercial applications. The paved outdoor area adds further flexibility and potential for expansion. The inclusion of a recently installed change machine further enhances the property's value and potential for immediate revenue generation. This is a rare opportunity to acquire a well-located commercial property at an attractive price point. Serious inquiries are encouraged.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eldon
    County
    Wapello
    State
    Iowa
    Longitude
    -92.2202
    Latitude
    40.9167
    CBSA code
    36900
    CBSA name
    OTTUMWA, 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
    $400
    $8,710
    $11,080
    $19,790
    -
    $8,710
    $11,080
    $19,790

    Comparable in this City

    • Value Estimation by Request
      2,092 SF

      534 Elm St

      SERVICE STATION (FULL SERVICE) • 2,092 SF
      534 Elm St, Eldon, IA 52554
      View Details
    • Value Estimation by Request
      2,196 SF

      612 Elm St

      SERVICE STATION (FULL SERVICE) • 2,196 SF
      612 Elm St, Eldon, IA 52554
      View Details
    • Value Estimation by Request
      3,025 SF

      410 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 3,025 SF
      410 Elm St, Eldon, IA 52554
      View Details
    • Value Estimation by Request
      1,664 SF

      115 4th St

      RESTAURANT • 1,664 SF
      115 4th St, Eldon, IA 52554-9672
      View Details
    • Value Estimation
      $200,000
      1,760 SF

      403 Elm St

      FINANCIAL BUILDING • 1,760 SF
      403 Elm St, Eldon, IA 52554-7721
      View Details
    • Value Estimation by Request
      1,800 SF

      Eldon, IA 52554

      RESTAURANT • 1,800 SF
      Eldon, IA 52554
      View Details
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    210 Elm St
    Eldon, IA 52554
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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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