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    Property profile & analytics

    2220 Reed Ave Readlyn, IA 50668-9641

    • Flex space
    • 8,500 SF
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US25-1364341
    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

    • L & L AG Repair / Welder

    Property Details for 2220 Reed Ave

    Year built
    1994
    Property size
    8,500 SF
    Property type
    Flex space
    APN
    11-02-200-005
    APU
    1102200005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Readlyn
    County
    Bremer
    State
    Iowa
    Longitude
    -92.2192
    Latitude
    42.7266
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, IA METROPOLITAN 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
    2023
    $3,544
    $0.00
    $235,540
    $235,540
    -
    $0.00
    $235,540
    $235,540

    Comparable in this City

    • Value Estimation
      $340,000
      2,590 SF

      121 Main St

      LIGHT INDUSTRIAL • 2,590 SF
      121 Main St, Readlyn, IA 50668-7732
      View Details
    • Value Estimation
      $355,000
      10,120 SF

      117 Malone Ave

      LIGHT INDUSTRIAL • 10,120 SF
      117 Malone Ave, Readlyn, IA 50668-7701
      View Details
    • Value Estimation by Request
      888 SF

      420 1st St

      WAREHOUSE, STORAGE • 888 SF
      420 1st St, Readlyn, IA 50668-9744
      View Details
    • Value Estimation by Request
      1,333 SF

      2629 240th St

      WAREHOUSE, STORAGE • 1,333 SF
      2629 240th St, Readlyn, IA 50668-9629
      View Details
    • Value Estimation by Request
      1,672 SF

      111 Main St

      WAREHOUSE, STORAGE • 1,672 SF
      111 Main St, Readlyn, IA 50668-7732
      View Details
    • Value Estimation by Request
      4,136 SF

      215 1st St

      WAREHOUSE, STORAGE • 4,136 SF
      215 1st St, Readlyn, IA 50668-9709
      View Details
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    2220 Reed Ave
    Readlyn, IA 50668-9641
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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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