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    Property profile & analytics

    301 9th Ave Wellman, IA 52356-9301

    • Gas stations
    • 1,372 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 09, 2024
    $43,000
    Location Intelligence
    Property ID
    US25-1582290
    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

    • Gas stations

    Property Details for 301 9th Ave

    Year built
    1953
    Lot size
    0.19 lot acres
    Property size
    1,372 SF
    Property type
    Gas stations
    APN
    01-24-128-016
    APU
    124128016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellman
    County
    Washington
    State
    Iowa
    Longitude
    -91.8394
    Latitude
    41.4653
    CBSA code
    26980
    CBSA name
    IOWA CITY, IA METROPOLITAN 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
    $1,114
    $11,600
    $54,500
    $66,100
    -
    $11,600
    $54,500
    $66,100

    Comparable in this City

    • Value Estimation by Request
      1,961 SF

      820 2nd St

      SERVICE STATION (FULL SERVICE) • 1,961 SF
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    • Value Estimation by Request
      1,944 SF

      301 8th Ave

      SERVICE STATION (FULL SERVICE) • 1,944 SF
      301 8th Ave, Wellman, IA 52356
      View Details
    • Value Estimation by Request
      1,320 SF

      910 6th St

      CAR WASH - SELF-SERVE • 1,320 SF
      910 6th St, Wellman, IA 52356
      View Details
    • Value Estimation
      $420,000
      7,500 SF

      207 7th Ave

      AUTO REPAIR, GARAGE • 7,500 SF
      207 7th Ave, Wellman, IA 52356
      View Details
    • Value Estimation
      $415,000
      2,700 SF

      207 7th Ave

      VEHICLE SALES, RENTALS • 2,700 SF
      207 7th Ave, Wellman, IA 52356
      View Details
    • Value Estimation
      $315,000
      5,120 SF

      230 8th Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,120 SF
      230 8th Ave, Wellman, IA 52356-4707
      View Details

    Similar Nearby for Sale

    • $644,878
      70.44 Acres

      Washington County Farmland with CRP

      70+ acres of gently rolling farmland in CRP program.
      70.44 Acres Cedar Ave, Wellman, IA 52356
      View Details
    • New
      $644,878
      70.44 Acres

      70+ Acres Farmland in Iowa

      70+ acres of gently rolling farmland in Washington County, Iowa.
      70 Cedar Ave, Wellman, IA 52356
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    301 9th Ave
    Wellman, IA 52356-9301
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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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