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    Property profile & analytics

    220 Norka Dr Akron, IA 51001-7733

    • Flex space
    • 8,700 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US25-2404582
    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 220 Norka Dr

    Year built
    1995
    Lot size
    1.08 lot acres
    Property size
    8,700 SF
    Property type
    Flex space
    APN
    09-06-153-011
    APU
    906153011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.564
    Latitude
    42.8177

    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
    $13,986
    $41,600
    $523,390
    $564,990
    -
    $41,600
    $523,390
    $564,990

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      401 Riv Rd

      LIGHT INDUSTRIAL • 3,000 SF
      401 Riv Rd, Akron, IA 51001-8556
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    • Value Estimation by Request
      7,096 SF

      16366 100th St

      LIGHT INDUSTRIAL • 7,096 SF
      16366 100th St, Akron, IA 51001-8635
      View Details
    • Value Estimation
      $350,000
      4,828 SF

      110 Reed St

      LIGHT INDUSTRIAL • 4,828 SF
      110 Reed St, Akron, IA 51001-7739
      View Details
    • Value Estimation
      $305,000
      2,800 SF

      200 Norka Dr

      LIGHT INDUSTRIAL • 2,800 SF
      200 Norka Dr, Akron, IA 51001-7733
      View Details
    • Value Estimation
      $345,000
      6,000 SF

      111 Riv Rd

      LIGHT INDUSTRIAL • 6,000 SF
      111 Riv Rd, Akron, IA 51001
      View Details
    • Value Estimation by Request
      8,700 SF

      Akron, IA 51001

      LIGHT INDUSTRIAL • 8,700 SF
      Akron, IA 51001
      View Details

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    220 Norka Dr
    Akron, IA 51001-7733
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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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