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    Property profile & analytics

    220 Phillips St Algona, IA 50511-2824

    • Grocery and convenience stores
    • 1,960 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US25-0659444
    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

    • Grocery and convenience stores

    Property Details for 220 Phillips St

    Year built
    1965
    Lot size
    0.45 lot acres
    Property size
    1,960 SF
    Property type
    Grocery and convenience stores
    APN
    22-02-489-008
    APU
    2202489008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algona
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.2272
    Latitude
    43.0672

    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
    2021
    $3,256
    $56,250
    $164,172
    $220,422
    -
    $56,250
    $164,172
    $220,422

    Comparable in this City

    • Value Estimation by Request
      10,820 SF

      211 Hwy 18th E

      CONVENIENCE STORE • 10,820 SF
      211 Hwy 18th E, Algona, IA 50511-1103
      View Details
    • Value Estimation by Request
      24,371 SF

      1905 Hwy 18th E

      GROCERY, SUPERMARKET • 24,371 SF
      1905 Hwy 18th E, Algona, IA 50511-1274
      View Details
    • Value Estimation
      $220,000
      2,440 SF

      107 Hwy 18th W

      CONVENIENCE STORE • 2,440 SF
      107 Hwy 18th W, Algona, IA 50511-7221
      View Details
    • Value Estimation
      $315,000
      2,660 SF

      1414 Main St

      CONVENIENCE STORE • 2,660 SF
      1414 Main St, Algona, IA 50511-1824
      View Details
    • Value Estimation by Request
      3,934 SF

      703 Phillips St

      CONVENIENCE STORE • 3,934 SF
      703 Phillips St, Algona, IA 50511-3645
      View Details
    • Value Estimation
      $400,000
      3,128 SF

      602 State St

      CONVENIENCE STORE • 3,128 SF
      602 State St, Algona, IA 50511-2838
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,636 SF

      Former Restaurant with Drive-Thru

      2,636 SF former restaurant space available for sublease.
      1513 Highway 169 N, Algona, IA 50511
      View Details
    • $8 SF/Yr
      5,600 SF

      Algona Plaza Retail Space Available

      Prime Kossuth County retail space, multiple units.
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      View Details
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    220 Phillips St
    Algona, IA 50511-2824
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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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