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    Property profile & analytics

    2340 Hwy 1st SW Kalona, IA 52247-9226

    • Manufacturing properties
    • 3,200 SF
    • 1.64 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jan 19, 2021
    Location Intelligence
    Property ID
    US25-2337003
    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

    • Manufacturing properties

    Property Details for 2340 Hwy 1st SW

    Year built
    1968
    Lot size
    1.64 lot acres
    Property size
    3,200 SF
    Property type
    Manufacturing properties
    APN
    1406152008
    APU
    1406152008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kalona
    County
    Johnson
    State
    Iowa
    Longitude
    -91.7004
    Latitude
    41.5911
    CBSA code
    26980
    CBSA name
    IOWA CITY, 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
    $3,086
    $87,800
    $121,100
    $208,900
    -
    $87,800
    $121,100
    $208,900

    Comparable in this City

    • Value Estimation
      $795,000
      38,508 SF

      5195 Farmers SW Ave

      MANUFACTURING (LIGHT) • 38,508 SF
      5195 Farmers SW Ave, Kalona, IA 52247-9292
      View Details
    • Value Estimation
      $1,200,000
      38,225 SF

      1955 500th SW St

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 38,225 SF
      1955 500th SW St, Kalona, IA 52247-9251
      View Details
    • Value Estimation
      $260,000
      4,214 SF

      2206 540th SW St

      MANUFACTURING (LIGHT) • 4,214 SF
      2206 540th SW St, Kalona, IA 52247-9178
      View Details
    • Value Estimation by Request
      6,000 SF

      1319 Hwy 1st 1

      MANUFACTURING (LIGHT) • 6,000 SF
      1319 Hwy 1st 1, Kalona, IA 52247-9517
      View Details
    • Value Estimation by Request
      4,180 SF

      103 5th St

      WAREHOUSE, STORAGE • 4,180 SF
      103 5th St, Kalona, IA 52247-9640
      View Details
    • Value Estimation by Request
      3,612 SF

      311 6th St

      MINI-WAREHOUSE, STORAGE • 3,612 SF
      311 6th St, Kalona, IA 52247-9500
      View Details

    Similar Nearby for Sale

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      3.41 Acres

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      Prime Kalona location, 0.15-acre lot.
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    • $45,900
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      Residential Land Near Highway 22

      Nearly one acre lot ready for your dream home.
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    • $150,000

      Sunset Hills Buildable Lot

      2.74-acre lot in Sunset Hills Estates with country views.
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    • $57,900
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      Residential Land Near Iowa City

      1.02 acre residential lot, 20 minutes from Iowa City.
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      View Details
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    2340 Hwy 1st SW
    Kalona, IA 52247-9226
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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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