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    Property profile & analytics

    321 Main St Marcus, IA 51035-7717

    • Retail space
    • 4,952 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 25, 2023
    Location Intelligence
    Property ID
    US25-0666025
    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

    • Hy-Vee Clinic Pharmacy / Pharmacy / Local Medical Services

    Property Details for 321 Main St

    Year built
    1906
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    4,952 SF
    Property type
    Retail space
    APN
    133457001
    APU
    133457001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marcus
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.8074
    Latitude
    42.8254

    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
    $1,298
    $6,380
    $87,880
    $94,260
    -
    $6,380
    $87,880
    $94,260

    Comparable in this City

    • Value Estimation by Request
      2,864 SF

      318 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,864 SF
      318 Main St, Marcus, IA 51035-7718
      View Details
    • Value Estimation by Request
      1,440 SF

      316 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      316 Main St, Marcus, IA 51035-7718
      View Details
    • Value Estimation
      $485,000
      25,340 SF

      409 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 25,340 SF
      409 Locust St, Marcus, IA 51035-7839
      View Details
    • Value Estimation by Request
      2,895 SF

      310 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,895 SF
      310 Main St, Marcus, IA 51035-7718
      View Details
    • Value Estimation by Request
      2,500 SF

      Marcus, IA 51035

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      Marcus, IA 51035
      View Details
    • Value Estimation by Request
      5,000 SF

      319 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      319 Main St, Marcus, IA 51035-7717
      View Details

    Similar Nearby for Sale

    • $145,000
      0.06 Acres

      Established Business in Marcus, IA

      Turn-key business opportunity with recent upgrades and included equipment.
      404 N Main St, Marcus, IA 51035
      View Details
    • $325,000
      10,000 SF

      Downtown Restaurant & Lounge Opportunity

      Established restaurant and lounge with real estate in prime location.
      314 N Main St, Marcus, IA 51035
      View Details
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    321 Main St
    Marcus, IA 51035-7717
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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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