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    Property profile & analytics

    303 College Dr Decorah, IA 52101-1306

    • Grocery and convenience stores
    • 2,736 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $625,000
    Last Sale
    Oct 24, 2023
    $625,000
    Location Intelligence
    Property ID
    US25-1884257
    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

    • Decorah Mart / Convenience Store / Gas Station
    • Bitcoin Depot - Bitcoin ATM / Crypto Atm / Atm
    • bp / Gas Station / Convenience Store
    • Cenex / Gas Station
    • ATM (Decorah Mart) / Atm

    Property Details for 303 College Dr

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.34 lot acres
    Property size
    2,736 SF
    Property type
    Grocery and convenience stores
    APN
    111615701700
    APU
    111615701700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $695,000
      6.5%
      $670,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $765,000
      Geo Method
      $685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $600,000
      Mixed-Use
      $585,000
      Hospitality
      $705,000
      Educational
      $590,000
      Residential Income
      $585,000
      Energy
      $585,000
      Income-Based Land
      $775,000
      Food Service
      $805,000

    Location Insight

    • Map
    • Local Demand
    City
    Decorah
    County
    Winneshiek
    State
    Iowa
    Longitude
    -91.7973
    Latitude
    43.3075

    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
    $8,150
    $97,810
    $289,700
    $387,510
    -
    $97,810
    $289,700
    $387,510

    Comparable in this City

    • Value Estimation
      $275,000
      10,862 SF

      308 College Dr

      CONVENIENCE STORE • 10,862 SF
      308 College Dr, Decorah, IA 52101-1336
      View Details
    • Value Estimation by Request
      7,294 SF

      1101 Montgomery St

      CONVENIENCE STORE • 7,294 SF
      1101 Montgomery St, Decorah, IA 52101-2324
      View Details
    • Value Estimation by Request
      4,875 SF

      905 Short St

      CONVENIENCE STORE • 4,875 SF
      905 Short St, Decorah, IA 52101-2419
      View Details
    • Value Estimation by Request
      3,360 SF

      1807 Old Stage Rd

      CONVENIENCE STORE • 3,360 SF
      1807 Old Stage Rd, Decorah, IA 52101-7482
      View Details
    • Value Estimation
      $1,610,000
      23,934 SF

      915 Short St

      GROCERY, SUPERMARKET • 23,934 SF
      915 Short St, Decorah, IA 52101-2412
      View Details
    • Value Estimation
      $610,000
      3,440 SF

      401 College Dr

      CONVENIENCE STORE • 3,440 SF
      401 College Dr, Decorah, IA 52101-1029
      View Details

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    Similar Nearby for Lease

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    303 College Dr
    Decorah, IA 52101-1306
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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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