Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2472 170th St Fort Dodge, IA 50501-8555

    • Warehouses
    • 1,416 SF
    • 6.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0602912
    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

    • BHJ USA / Storage Facility / Warehouse & Storage
    • Fort Dodge Ice & Cold / Big Box & Wholesale Store

    Property Details for 2472 170th St

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    6.39 lot acres
    Property size
    1,416 SF
    Property type
    Warehouses
    APN
    709201005
    APU
    709201005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.1549
    Latitude
    42.5437
    CBSA code
    22700
    CBSA name
    FORT DODGE, IA 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
    $157,392
    $155,850
    $3,844,150
    $4,000,000
    -
    $155,850
    $3,844,150
    $4,000,000

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      420 Ave C C

      WAREHOUSE, STORAGE • 3,200 SF
      420 Ave C C, Fort Dodge, IA 50501-4507
      View Details
    • Value Estimation by Request
      960 SF

      703 Ave C C

      WAREHOUSE, STORAGE • 960 SF
      703 Ave C C, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      3,800 SF

      735 15th N Ave

      WAREHOUSE, STORAGE • 3,800 SF
      735 15th N Ave, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      1,974 SF

      716 1st S Ave

      WAREHOUSE, STORAGE • 1,974 SF
      716 1st S Ave, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      1,200 SF

      806 1st N Ave

      WAREHOUSE, STORAGE • 1,200 SF
      806 1st N Ave, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      1,040 SF

      1436 21st St

      WAREHOUSE, STORAGE • 1,040 SF
      1436 21st St, Fort Dodge, IA 50501-6019
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,000 SF

      Fort Dodge Industrial Warehouse

      8,000 sq ft light industrial warehouse for lease.
      605 S 22Nd St, Fort Dodge, IA 50501
      View Details
    • $349,500
      14,700 SF

      Versatile Commercial Building, Fort Dodge

      14,700 SF commercial building suitable for warehousing and distribution.
      131 Central Ave, Fort Dodge, IA 50501
      View Details
    • $289,900
      Pending

      Versatile Commercial Property in Fort Dodge

      Commercial property with two buildings on over 1.2 acres.
      2110 4Th Ave S, Fort Dodge, IA 50501
      View Details
    • $250,000
      3.70 Acres

      Commercial Land in Fort Dodge

      Commercial lot available for sale in Fort Dodge, Iowa.
      5 S 42 St, Fort Dodge, IA 50501
      View Details
    • $99,900
      Pending

      Residential Land in Fort Dodge

      Residential land for sale in a quiet Fort Dodge neighborhood.
      1008 Forest Ave, Fort Dodge, IA 50501
      View Details
    • New
      $1,750,000
      39.92 Acres

      Fort Dodge Commercial Land Parcel

      Almost 40-acre parcel with commercial/industrial zoning near town.
      Quail Ave, Fort Dodge, IA 50501
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      9,077 SF

      Corridor Plaza Medical Office Space

      Fort Dodge, IA medical office suites available.
      2817 3Rd Ave, Fort Dodge, IA 50501
      View Details
    • $25 SF/Yr

      Prime Retail Space in Fort Dodge

      Versatile retail space with modern amenities in a convenient location.
      2817 3Rd Ave N, Fort Dodge, IA 50501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2472 170th St
    Fort Dodge, IA 50501-8555
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!