Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2505 State Hwy 48 Red Oak, IA 51566-6088

    • Office buildings
    • 4,728 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US25-0119960
    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

    • Office buildings

    Property Details for 2505 State Hwy 48

    Year built
    2000
    Lot size
    0.99 lot acres
    Property size
    4,728 SF
    Property type
    Office buildings
    APN
    260620200036000
    APU
    260620200036000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Montgomery
    State
    Iowa
    Longitude
    -95.2336
    Latitude
    41.0298

    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
    $15,046
    $29,700
    $472,390
    $502,090
    -
    $29,700
    $472,390
    $502,090

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      Red Oak, IA 51566

      OFFICE BUILDING • 1,680 SF
      Red Oak, IA 51566
      View Details
    • Value Estimation
      $275,000
      5,494 SF

      1981 G Ave

      OFFICE BUILDING • 5,494 SF
      1981 G Ave, Red Oak, IA 51566-4474
      View Details
    • Value Estimation
      $550,000
      3,380 SF

      2016 Commerce Dr

      OFFICE BUILDING • 3,380 SF
      2016 Commerce Dr, Red Oak, IA 51566-1010
      View Details
    • Value Estimation
      $435,000
      6,238 SF

      208 Coolbaugh St

      OFFICE BUILDING • 6,238 SF
      208 Coolbaugh St, Red Oak, IA 51566-2294
      View Details
    • Value Estimation
      $225,000
      2,400 SF

      1995 Ironwood Ave

      OFFICE BUILDING • 2,400 SF
      1995 Ironwood Ave, Red Oak, IA 51566-3204
      View Details
    • Value Estimation
      $390,000
      536 SF

      100 Market St

      OFFICE BUILDING • 536 SF
      100 Market St, Red Oak, IA 51566
      View Details

    Similar Nearby for Sale

    • $350,000
      7,655 SF

      Office Building Near County Courthouse

      Office building with dedicated parking lot across from courthouse.
      323 E Reed St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      0.31 Acres

      Residential Lot in Red Oak

      Residential land for sale in Woodland Hills Subdivision, Red Oak.
      2900 N 4Th St, Red Oak, IA 51566
      View Details
    • New
      $170,000
      3,146 SF

      Remodeled Duplex Near Downtown Red

      Remodeled Tudor-style duplex with modern amenities, near downtown and schools.
      702 E Coolbaugh St, Red Oak, IA 51566
      View Details
    • $105,000
      1,495 SF

      Established Restaurant Business For Sale

      Well-established restaurant with additional rental income opportunity in Red Oak, IA.
      1011 N Broadway St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      16,815 SF

      Red Oak Brick Building

      Well-maintained brick building suitable for storage facility.
      401 E Reed St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Lot in Woodland Hills

      Residential lot available for building in Red Oak, Iowa.
      2809 N 4Th St, Red Oak, IA 51566
      View Details

    Similar Nearby for Lease

    • New
      $300 /Mo

      Red Oak Shared Office Space

      Private offices available for rent in Red Oak, Iowa.
      1995 Ironwood Ave, Red Oak, IA 51566
      View Details
    • $8 SF/Yr
      87,712 SF

      Red Oak Retail Space Available

      Retail space for lease in Hy-Vee anchored shopping center.
      1601 N Broadway St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      3,744 SF

      Restaurant Space on North Broadway

      Turnkey restaurant space with built-in customer base near Highway 34.
      1410 N Broadway St, Red Oak, IA 51566
      View Details
    • $8 SF/Yr
      87,712 SF

      Red Oak Plaza Retail Space

      Hy-Vee anchored shopping center; spaces available.
      1601 Broadway St, Red Oak, IA 51566
      View Details
    • $1.00 SF/Yr
      396,832 SF

      Red Oak Commercial Space Available

      Commercial space for lease in Red Oak Plaza.
      1701 N Broadway St, Red Oak, IA 51566
      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.
    2505 State Hwy 48
    Red Oak, IA 51566-6088
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.