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    Property profile & analytics

    216 Us Hwy 18th E Clear Lake, IA 50428

    • Retail space
    • 6,600 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0610441
    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 216 Us Hwy 18th E

    Year built
    1961
    Construction
    FRAME
    Lot size
    0.49 lot acres
    Property size
    6,600 SF
    Property type
    Retail space
    APN
    51245100600
    APU
    51245100600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.3867
    Latitude
    43.1435
    CBSA code
    32380
    CBSA name
    MASON CITY, 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
    $9,764
    $128,520
    $374,960
    $503,480
    -
    $128,520
    $374,960
    $503,480

    Comparable in this City

    • Value Estimation by Request
      9,500 SF

      509 17th St

      RETAIL STORES (PERSONAL SERVICES) • 9,500 SF
      509 17th St, Clear Lake, IA 50428-2301
      View Details
    • Value Estimation
      $200,000
      6,000 SF

      207 24th St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      207 24th St, Clear Lake, IA 50428-2201
      View Details
    • Value Estimation
      $295,000
      3,753 SF

      423 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,753 SF
      423 Main Ave, Clear Lake, IA 50428-1826
      View Details
    • Value Estimation
      $295,000
      1,922 SF

      217 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,922 SF
      217 Main Ave, Clear Lake, IA 50428-1822
      View Details
    • Value Estimation
      $480,000
      7,650 SF

      417 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,650 SF
      417 Main Ave, Clear Lake, IA 50428-1826
      View Details
    • Value Estimation
      $275,000
      3,718 SF

      303 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,718 SF
      303 Main Ave, Clear Lake, IA 50428-1824
      View Details

    Similar Nearby for Sale

    • $468,000
      3,879 SF

      Prime Commercial Property in Clear Lake

      High-traffic location suitable for retail, office, or auto service.
      712 Highway 18 E, Clear Lake, IA 50428
      View Details
    • New
      $775,000

      Clear Lake Commercial Building For Sale

      6,000 sq ft commercial building with showroom and warehouse.
      402 S 15Th St, Clear Lake, IA 50428
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    • $545,000

      Clear Lake Commercial Opportunity

      Commercial property with excellent location and ample parking.
      1315 S 8Th St, Clear Lake, IA 50428
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    • $468,000
      3,879 SF

      Clear Lake Commercial Property For Sale

      Commercial property in Clear Lake with high traffic location.
      712 Highway 18 E, Clear Lake, IA 50428
      View Details
    • $1,050,000
      6.16 Acres

      Clear Lake Land with Lake Views

      6.16 acre lot with lake views, ideal for development.
      S Shore Dr, Clear Lake, IA 50428
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    • $125,000
      0.23 Acres

      Land Near State Beach

      Desirable lot in new development near State Beach.
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    216 Us Hwy 18th E
    Clear Lake, IA 50428
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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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