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    Property profile & analytics

    2404 Ave E Ave Fort Madison, IA 52627-3933

    • Retail space
    • 3,325 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US25-0619305
    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

    • Retail space

    Property Details for 2404 Ave E Ave

    Year built
    1920
    Lot size
    0.08 lot acres
    Property size
    3,325 SF
    Property type
    Retail space
    APN
    02-47-15-05-459-0040
    APU
    24715054590040

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Madison
    County
    Lee
    State
    Iowa
    Longitude
    -91.3402
    Latitude
    40.6268
    CBSA code
    22800
    CBSA name
    FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN 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
    $1,586
    $9,030
    $70,960
    $79,990
    -
    $9,030
    $70,960
    $79,990

    Comparable in this City

    • Value Estimation by Request
      3,280 SF

      2609 Ave Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      2609 Ave Ln, Fort Madison, IA 52627
      View Details
    • Value Estimation by Request
      4,107 SF

      825 Ave G G

      RETAIL STORES (PERSONAL SERVICES) • 4,107 SF
      825 Ave G G, Fort Madison, IA 52627-4501
      View Details
    • Value Estimation by Request
      10,018 SF

      814 Ave G G

      RETAIL STORES (PERSONAL SERVICES) • 10,018 SF
      814 Ave G G, Fort Madison, IA 52627
      View Details
    • Value Estimation by Request
      9,079 SF

      429 Ave H H

      RETAIL STORES (PERSONAL SERVICES) • 9,079 SF
      429 Ave H H, Fort Madison, IA 52627-2950
      View Details
    • Value Estimation
      $345,000
      5,780 SF

      2331 Ave E Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,780 SF
      2331 Ave E Ave, Fort Madison, IA 52627
      View Details
    • Value Estimation
      $465,000
      21,564 SF

      702 Ave G G, Unit 712

      RETAIL STORES (PERSONAL SERVICES) • 21,564 SF
      702 Ave G G, Fort Madison, IA 52627-2927
      View Details

    Similar Nearby for Sale

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      Fort Madison Land Development Opportunity

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    • $135,000
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      Fort Madison Vacant Land

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      Fort Madison Land For Sale

      12.38 acre land parcel available in Fort Madison, Iowa.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available Near Aldi

      4,800 SF retail space available January 1, 2020.
      Avenue G, Sawyer, IA 52627
      View Details
    • Contact for pricing
      3,500 SF

      Fort Madison Retail Opportunity

      Prime Retail Lots, Build-to-Suit Available
      4810 Avenue, Fort Madison, IA 52627
      View Details
    • $10 SF/Yr
      570 SF

      Downtown Fort Madison Office Space

      570 sq ft, Private Office, $475/month
      613 Avenue, Fort Madison, IA 52627
      View Details
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    2404 Ave E Ave
    Fort Madison, IA 52627-3933
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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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