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    Property profile & analytics

    309 Water St Decorah, IA 52101-1729

    • Retail space
    • 3,916 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Jun 02, 2022
    $295,000
    Location Intelligence
    Property ID
    US25-1592098
    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

    • Double Windsor / Shoe Store / Formal Wear Store
    • Rendered Unique / Home Goods Store
    • Zahasky Richard D / Attorney

    Property Details for 309 Water St

    Year built
    1897
    Lot size
    0.06 lot acres
    Property size
    3,916 SF
    Property type
    Retail space
    APN
    111641000500
    APU
    111641000500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decorah
    County
    Winneshiek
    State
    Iowa
    Longitude
    -91.7889
    Latitude
    43.3039

    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
    $4,556
    $32,950
    $206,180
    $239,130
    -
    $32,950
    $206,180
    $239,130

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      409 Day Spg Ln

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      409 Day Spg Ln, Decorah, IA 52101-1772
      View Details
    • Value Estimation by Request
      184,391 SF

      1798 Old Stage Rd

      RETAIL STORES (PERSONAL SERVICES) • 184,391 SF
      1798 Old Stage Rd, Decorah, IA 52101-7497
      View Details
    • Value Estimation
      $345,000
      2,489 SF

      418 Water St

      RETAIL STORES (PERSONAL SERVICES) • 2,489 SF
      418 Water St, Decorah, IA 52101-1732
      View Details
    • Value Estimation by Request
      5,910 SF

      211 College Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,910 SF
      211 College Dr, Decorah, IA 52101-1304
      View Details
    • Value Estimation
      $275,000
      5,480 SF

      705 Montgomery St

      RETAIL STORES (PERSONAL SERVICES) • 5,480 SF
      705 Montgomery St, Decorah, IA 52101-2337
      View Details
    • Value Estimation
      $515,000
      3,592 SF

      1823 Trout Run Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,592 SF
      1823 Trout Run Rd, Decorah, IA 52101-7504
      View Details

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    309 Water St
    Decorah, IA 52101-1729
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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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