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    Property profile & analytics

    216 Riv N Ave Belmond, IA 50421-1035

    • Automotive properties
    • 3,212 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Mar 21, 2025
    Location Intelligence
    Property ID
    US25-2015461
    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

    • Pritchard's of Belmond / Chevrolet Dealer
    • Intoxalock Ignition Interlock / Safety Equipment Supplier / Auto Electrical Service

    Property Details for 216 Riv N Ave

    Year built
    1941
    Construction
    FRAME
    Lot size
    0.30 lot acres
    Property size
    3,212 SF
    Property type
    Automotive properties
    APN
    04-30-105-001
    APU
    430105001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belmond
    County
    Wright
    State
    Iowa
    Longitude
    -93.6165
    Latitude
    42.8475

    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
    $3,540
    $12,900
    $148,800
    $161,700
    -
    $12,900
    $148,800
    $161,700

    Comparable in this City

    • Value Estimation by Request
      1,860 SF

      107 Main St

      SERVICE STATION (FULL SERVICE) • 1,860 SF
      107 Main St, Belmond, IA 50421-1013
      View Details
    • Value Estimation
      $250,000
      9,910 SF

      215 Riv N Ave

      AUTO REPAIR, GARAGE • 9,910 SF
      215 Riv N Ave, Belmond, IA 50421-1034
      View Details
    • Value Estimation by Request
      1,231 SF

      Belmond, IA 50421

      SERVICE STATION (FULL SERVICE) • 1,231 SF
      Belmond, IA 50421
      View Details
    • Value Estimation
      $60,000
      1,939 SF

      115 Riv S Ave

      CAR WASH - SELF-SERVE • 1,939 SF
      115 Riv S Ave, Belmond, IA 50421-1015
      View Details
    • Value Estimation by Request
      3,135 SF

      231 Main St

      RESTAURANT • 3,135 SF
      231 Main St, Belmond, IA 50421-1122
      View Details
    • Value Estimation
      $410,000
      1,254 SF

      203 Main St

      LAUNDROMAT (SELF-SERVICE) • 1,254 SF
      203 Main St, Belmond, IA 50421-1122
      View Details

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    216 Riv N Ave
    Belmond, IA 50421-1035
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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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