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    Property profile & analytics

    306 5th SW Ave Le Mars, IA 51031

    • Self service car washes
    • 3,178 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Location Intelligence
    Property ID
    US25-2436795
    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

    • Self service car washes

    Property Details for 306 5th SW Ave

    Year built
    1989
    Lot size
    0.38 lot acres
    Property size
    3,178 SF
    Property type
    Self service car washes
    APN
    12-16-152-002
    APU
    1216152002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1733
    Latitude
    42.789

    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
    $11,494
    $99,000
    $388,620
    $487,620
    -
    $99,000
    $388,620
    $487,620

    Comparable in this City

    • Value Estimation by Request
      3,538 SF

      Le Mars, IA 51031

      CAR WASH - SELF-SERVE • 3,538 SF
      Le Mars, IA 51031
      View Details
    • Value Estimation
      $190,000
      1,040 SF

      26 5th SW Ave

      CAR WASH - AUTOMATED • 1,040 SF
      26 5th SW Ave, Le Mars, IA 51031-3429
      View Details
    • Value Estimation
      $225,000
      4,810 SF

      1150 12th SW St

      CAR WASH • 4,810 SF
      1150 12th SW St, Le Mars, IA 51031-3034
      View Details
    • Value Estimation by Request
      12,526 SF

      801 Hawkeye SW Ave

      VEHICLE SALES, RENTALS • 12,526 SF
      801 Hawkeye SW Ave, Le Mars, IA 51031-1861
      View Details
    • Value Estimation by Request
      1,161 SF

      129 Plymouth NW St

      SERVICE STATION (FULL SERVICE) • 1,161 SF
      129 Plymouth NW St, Le Mars, IA 51031-3523
      View Details
    • Value Estimation
      $50,000
      3,960 SF

      39878 C44

      SERVICE STATION (FULL SERVICE) • 3,960 SF
      39878 C44, Le Mars, IA 51031-8144
      View Details

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      LeMars Commercial Property with Frontage

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    306 5th SW Ave
    Le Mars, IA 51031
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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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