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    Property profile & analytics

    22140 261st St Delhi, IA 52223-8504

    • Flex space
    • 6,000 SF
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    May 28, 2020
    Location Intelligence
    Property ID
    US25-0510425
    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 22140 261st St

    Year built
    2020
    Property size
    6,000 SF
    Property type
    Flex space
    APN
    220300104209
    APU
    220300104209

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delhi
    County
    Delaware
    State
    Iowa
    Longitude
    -91.3622
    Latitude
    42.4107

    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
    $10,320
    $0.00
    $518,500
    $518,500
    -
    $0.00
    $518,500
    $518,500

    Comparable in this City

    • Value Estimation
      $185,000
      5,000 SF

      308 Lexington St

      LIGHT INDUSTRIAL • 5,000 SF
      308 Lexington St, Delhi, IA 52223
      View Details
    • Value Estimation
      $325,000
      4,800 SF

      2nd St

      LIGHT INDUSTRIAL • 4,800 SF
      2nd St, Delhi, IA 52223
      View Details
    • Value Estimation by Request
      4,480 SF

      Delhi, IA 52223

      LIGHT INDUSTRIAL • 4,480 SF
      Delhi, IA 52223
      View Details
    • Value Estimation
      $215,000
      4,432 SF

      722 3rd St

      LIGHT INDUSTRIAL • 4,432 SF
      722 3rd St, Delhi, IA 52223-9749
      View Details
    • Value Estimation
      $175,000
      7,840 SF

      208 Lexington St

      LIGHT INDUSTRIAL • 7,840 SF
      208 Lexington St, Delhi, IA 52223
      View Details
    • Value Estimation by Request
      7,400 SF

      Ml Rd

      LIGHT INDUSTRIAL • 7,400 SF
      Ml Rd, Delhi, IA 52223
      View Details

    Similar Nearby for Sale

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      Waterfront Lot on Lake Delhi

      Residential land for sale on Lake Delhi with mature trees.
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    • $95,000

      Delhi Coffee Shop Business for Sale

      Established Coffee Shop - Turnkey Operation
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      View Details
    • $99,000
      2.45 Acres

      Residential Land in Delaware County

      2.45 acre residential land parcel in Delhi, Iowa.
      1 3Rd St, Delhi, IA 52223
      View Details
    • $85,000
      1,848 SF

      Established Coffee Shop Business Opportunity

      Profitable coffee shop business for sale in Delhi, Iowa.
      312 Franklin St, Delhi, IA 52223
      View Details
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    22140 261st St
    Delhi, IA 52223-8504
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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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