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    Property profile & analytics

    2598 Hwy 61 Fort Madison, IA 52627-9540

    • Office buildings
    • 480 SF
    • 47.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0586157
    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 2598 Hwy 61

    Year built
    1976
    Lot size
    47.96 lot acres
    Property size
    480 SF
    Property type
    Office buildings
    APN
    01-47-14-22-300-0230
    APU
    14714223000230

    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
    -91.4233
    Latitude
    40.5847
    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
    $231,174
    $764,400
    $5,637,880
    $6,402,280
    -
    $0.00
    $0.00
    $6,817,060

    Comparable in this City

    • Value Estimation by Request
      864 SF

      720 14th St

      OFFICE BUILDING • 864 SF
      720 14th St, Fort Madison, IA 52627-4402
      View Details
    • Value Estimation by Request
      2,560 SF

      1404 Ave M M

      OFFICE BUILDING • 2,560 SF
      1404 Ave M M, Fort Madison, IA 52627-4438
      View Details
    • Value Estimation
      $425,000
      17,830 SF

      607 8th St

      PROFESSIONAL BUILDING • 17,830 SF
      607 8th St, Fort Madison, IA 52627-2825
      View Details
    • Value Estimation
      $310,000
      5,602 SF

      1022 Ave G G

      OFFICE BUILDING • 5,602 SF
      1022 Ave G G, Fort Madison, IA 52627-4531
      View Details
    • Value Estimation
      $195,000
      2,912 SF

      823 Ave G G

      OFFICE BUILDING • 2,912 SF
      823 Ave G G, Fort Madison, IA 52627-4501
      View Details
    • Value Estimation by Request
      1,285 SF

      5202 Riv Vly Rd, Unit 5212

      OFFICE BUILDING • 1,285 SF
      5202 Riv Vly Rd, Fort Madison, IA 52627-7615
      View Details

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      Victorian Mixed-Use Building in Downtown

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    Similar Nearby for Lease

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    2598 Hwy 61
    Fort Madison, IA 52627-9540
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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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