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    Property profile & analytics

    256 Main St Melvin, IA 51350

    • Retail space
    • 1,600 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0125706
    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 256 Main St

    Year built
    1956
    Lot size
    0.08 lot acres
    Property size
    1,600 SF
    Property type
    Retail space
    APN
    300010808000
    APU
    300010808000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melvin
    County
    Osceola
    State
    Iowa
    Longitude
    -95.6091
    Latitude
    43.2875

    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
    $122
    $610
    $8,650
    $9,260
    -
    $610
    $8,650
    $9,260

    Comparable in this City

    • Value Estimation by Request
      3,240 SF

      301 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      301 Main St, Melvin, IA 51350
      View Details
    • Value Estimation by Request
      1,872 SF

      Melvin, IA 51350

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      Melvin, IA 51350
      View Details
    • Value Estimation by Request
      1,920 SF

      258 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      258 Main St, Melvin, IA 51350
      View Details
    • Value Estimation
      $210,000
      11,675 SF

      239 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,675 SF
      239 Main St, Melvin, IA 51350-1010
      View Details
    • Value Estimation by Request
      4,841 SF

      225 Main St

      GYM, HEALTH SPA • 4,841 SF
      225 Main St, Melvin, IA 51350-1010
      View Details
    • Value Estimation
      $380,000
      3,162 SF

      260 Main St

      FINANCIAL BUILDING • 3,162 SF
      260 Main St, Melvin, IA 51350-1006
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      49.4 Acre Ranch with Hacienda

      Ranch in Zinacantepec with development potential and historic hacienda.
      413 Vialidad Toluca - Zinacantepec, Melvin, IA 51350
      View Details
    • $1,899,500
      85.00 Acres

      85 Acres Near Spirit Lake

      Prime land for residential development near Big Spirit and Okoboji Lake.
      252nd 260Th Ave, Spirit Lake, IA 51350
      View Details
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    256 Main St
    Melvin, IA 51350
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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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