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    Property profile & analytics

    321 5th SW Ave Le Mars, IA 51031-1918

    • Grocery and convenience stores
    • 10,882 SF
    • 2.52 lot acres
    OFF-MARKET
    Value Estimation
    $945,000
    Last Sale
    Oct 12, 2020
    $1,023,000
    Location Intelligence
    Property ID
    US25-2331316
    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

    • Bitstop Bitcoin ATM / Crypto Atm / Atm
    • KWIK STAR #1160 / Convenience Store / Car Wash
    • Kwik Star / Car Wash / Convenience Store
    • Shell Recharge Charging Station / Electric Vehicle Charging Station
    • Greenlots Charging Station / Electric Vehicle Charging Station

    Property Details for 321 5th SW Ave

    Year built
    2020
    Lot size
    2.52 lot acres
    Property size
    10,882 SF
    Property type
    Grocery and convenience stores
    APN
    12-16-151-001
    APU
    1216151001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,165,000
      6.5%
      $985,000
      7%
      $1,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $945,000
      Geo Method
      $990,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $895,000
      Retail
      $965,000
      Mixed-Use
      $1,125,000
      Hospitality
      $960,000
      Educational
      $1,190,000
      Residential Income
      $975,000
      Energy
      $1,225,000
      Income-Based Land
      $1,085,000
      Food Service
      $1,185,000

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1745
    Latitude
    42.7888

    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
    $21,276
    $489,000
    $903,580
    $1,392,580
    -
    $0.00
    $0.00
    $3,682,400

    Comparable in this City

    • Value Estimation by Request
      4,231 SF

      Le Mars, IA 51031

      CONVENIENCE STORE • 4,231 SF
      Le Mars, IA 51031
      View Details
    • Value Estimation by Request
      12,871 SF

      2280 Key Ave

      CONVENIENCE STORE • 12,871 SF
      2280 Key Ave, Le Mars, IA 51031-1216
      View Details
    • Value Estimation
      $680,000
      25,982 SF

      18 1st NE Ave

      GROCERY, SUPERMARKET • 25,982 SF
      18 1st NE Ave, Le Mars, IA 51031-3536
      View Details
    • Value Estimation
      $210,000
      2,307 SF

      346 Plymouth SW St

      CONVENIENCE STORE • 2,307 SF
      346 Plymouth SW St, Le Mars, IA 51031-3442
      View Details
    • Value Estimation
      $215,000
      1,938 SF

      327 Plymouth NE St

      CONVENIENCE STORE • 1,938 SF
      327 Plymouth NE St, Le Mars, IA 51031-3610
      View Details
    • Value Estimation by Request
      3,320 SF

      101 5th SW Ave

      CONVENIENCE STORE • 3,320 SF
      101 5th SW Ave, Le Mars, IA 51031-3430
      View Details

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    Property Visit Statistics

    • Visits by month
      57.6k
    • Visitors by month
      22.4k
    • Avg Time on site
      9 min
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    Le Mars, IA 51031-1918
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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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