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    Property profile & analytics

    3425 Hwy 71 Spirit Lake, IA 51360-7736

    • Retail space
    • 5,960 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Last Sale
    Sep 04, 2020
    $575,000
    Location Intelligence
    Property ID
    US25-2441288
    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

    • Retail space

    Property Details for 3425 Hwy 71

    Year built
    2016
    Construction
    FRAME
    Lot size
    0.64 lot acres
    Property size
    5,960 SF
    Property type
    Retail space
    APN
    708179004
    APU
    708179004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.1261
    Latitude
    43.4082
    CBSA code
    44020
    CBSA name
    SPIRIT LAKE, IA MICROPOLITAN STATISTICAL AREA

    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
    $19,684
    $176,800
    $735,100
    $911,900
    -
    $176,800
    $735,100
    $911,900

    Comparable in this City

    • Value Estimation by Request
      4,088 SF

      2202 17th St

      RETAIL STORES (PERSONAL SERVICES) • 4,088 SF
      2202 17th St, Spirit Lake, IA 51360
      View Details
    • Value Estimation by Request
      1,760 SF

      1613 Hl Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      1613 Hl Ave, Spirit Lake, IA 51360-1639
      View Details
    • Value Estimation by Request
      21,988 SF

      4105 Hwy 71

      RETAIL STORES (PERSONAL SERVICES) • 21,988 SF
      4105 Hwy 71, Spirit Lake, IA 51360-4413
      View Details
    • Value Estimation
      $230,000
      7,864 SF

      1610 Hl Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,864 SF
      1610 Hl Ave, Spirit Lake, IA 51360-1640
      View Details
    • Value Estimation
      $450,000
      4,000 SF

      1902 Peoria Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      1902 Peoria Ave, Spirit Lake, IA 51360
      View Details
    • Value Estimation
      $200,000
      3,240 SF

      3140 18th St

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      3140 18th St, Spirit Lake, IA 51360
      View Details

    Similar Nearby for Sale

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      2.09 Acres

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      20,807 SF

      Former Grocery Store in Spirit Lake

      20,807 SF brick building on 1.35 acres for sale.
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    • New
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      Versatile Commercial Property in Spirit Lake

      Two insulated, heated buildings with showroom, office, and storage space.
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      Landmark restaurant with loyal following, primed for growth.
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    Similar Nearby for Lease

    • New
      $1,139 /Mo
      1,139 SF

      Updated Commercial Space in Wahpeton

      Move-in ready commercial space suitable for retail or office use.
      1127 Lakeside Ave, Wahpeton, IA 51360
      View Details
    • $400 /Mo
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      Office Space in Spirit Lake

      Office spaces for lease in Spirit Lake, Iowa.
      1390 Lake St, Spirit Lake, IA 51360
      View Details
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    3425 Hwy 71
    Spirit Lake, IA 51360-7736
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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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