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    Property profile & analytics

    309 Washington St Mt Pleasant, IA 52641-2151

    • Grocery and convenience stores
    • 3,561 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Apr 03, 2023
    Location Intelligence
    Property ID
    US25-1274421
    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

    • Grocery and convenience stores

    Property Details for 309 Washington St

    Year built
    1964
    Lot size
    0.36 lot acres
    Property size
    3,561 SF
    Property type
    Grocery and convenience stores
    APN
    411080932700300
    APU
    411080932700300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mt Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.5571
    Latitude
    40.9661

    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
    $10,064
    $81,560
    $284,510
    $366,070
    -
    $81,560
    $284,510
    $366,070

    Comparable in this City

    • Value Estimation
      $355,000
      3,128 SF

      201 Washington St

      CONVENIENCE STORE • 3,128 SF
      201 Washington St, Mt Pleasant, IA 52641-1934
      View Details
    • Value Estimation
      $460,000
      23,969 SF

      1400 Washington St

      GROCERY, SUPERMARKET • 23,969 SF
      1400 Washington St, Mt Pleasant, IA 52641-1858
      View Details
    • Value Estimation
      $425,000
      5,196 SF

      901 Washington St

      CONVENIENCE STORE • 5,196 SF
      901 Washington St, Mt Pleasant, IA 52641-1948
      View Details
    • Value Estimation
      $480,000
      4,093 SF

      2105 Washington St

      CONVENIENCE STORE • 4,093 SF
      2105 Washington St, Mt Pleasant, IA 52641-3204
      View Details
    • Value Estimation by Request
      57,301 SF

      1700 Washington St

      GROCERY, SUPERMARKET • 57,301 SF
      1700 Washington St, Mt Pleasant, IA 52641-3210
      View Details
    • Value Estimation
      $265,000
      17,130 SF

      204 Washington St

      GROCERY, SUPERMARKET • 17,130 SF
      204 Washington St, Mt Pleasant, IA 52641-1933
      View Details

    Similar Nearby for Sale

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      20,000 SF

      Mount Pleasant Retail Opportunity

      High-visibility commercial building with ample space and parking.
      2235 E Washington St, Mount Pleasant, IA 52641
      View Details
    • $51,500
      1.73 Acres

      Residential Land Near Country Club

      1.73 acre residential lot near Mount Pleasant Country Club.
      12 Pin Oaks Ln, Mount Pleasant, IA 52641
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    • $89,000
      1.66 Acres

      Mount Pleasant Land For Sale

      1.66 acre lot with development potential in Mount Pleasant, IA.
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    • $35,500
      1.90 Acres

      Residential Land in Creek View

      1.9 acre residential lot in Mount Pleasant, Iowa.
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    • $647,500
      4,059 SF

      Updated Fourplex in Mount Pleasant

      Well-maintained, fully occupied fourplex with recent updates and positive cash flow.
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    • $69,000
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      Commercial Land on West Washington

      Commercial land with high visibility and easy access.
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    Mt Pleasant, IA 52641-2151
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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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