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    Property profile & analytics

    302 2nd St Searsboro, IA 50242-7586

    • Warehouses
    • 3,559 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0527219
    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

    • Searsboro Fire Department / Fire Station

    Property Details for 302 2nd St

    Year built
    2002
    Lot size
    0.16 lot acres
    Property size
    3,559 SF
    Property type
    Warehouses
    APN
    1682400
    APU
    1682400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Searsboro
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.7045
    Latitude
    41.5793

    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
    $0.00
    $0.00
    $0.00
    $113,180
    -
    $0.00
    $0.00
    $113,180

    Comparable in this City

    • Value Estimation by Request
      3,321 SF

      201 1st St

      WAREHOUSE, STORAGE • 3,321 SF
      201 1st St, Searsboro, IA 50242
      View Details
    • Value Estimation by Request
      400 SF

      Searsboro, IA 50242

      MINI-WAREHOUSE, STORAGE • 400 SF
      Searsboro, IA 50242
      View Details
    • Value Estimation by Request
      1,250 SF

      497 Railroad St

      LIGHT INDUSTRIAL • 1,250 SF
      497 Railroad St, Searsboro, IA 50242
      View Details
    • Value Estimation by Request
      2,000 SF

      Hwy 146

      LIGHT INDUSTRIAL • 2,000 SF
      Hwy 146, Searsboro, IA 50242
      View Details
    • Value Estimation by Request
      1,800 SF

      400 3rd St

      OFFICE BUILDING • 1,800 SF
      400 3rd St, Searsboro, IA 50242-7579
      View Details
    • Value Estimation
      $195,000
      3,365 SF

      203 1st St

      RESTAURANT • 3,365 SF
      203 1st St, Searsboro, IA 50242
      View Details
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    302 2nd St
    Searsboro, IA 50242-7586
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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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