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    Property profile & analytics

    347 Truman Rd Pella, IA 50219

    • Warehouses
    • 2,880 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Apr 09, 2021
    $65,000
    Location Intelligence
    Property ID
    US25-0539087
    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

    • Red Door Storage, South facility / Storage Facility

    Property Details for 347 Truman Rd

    Year built
    1977
    Construction
    FRAME
    Lot size
    0.38 lot acres
    Property size
    2,880 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    1724500000
    APU
    1724500000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pella
    County
    Marion
    State
    Iowa
    Longitude
    -92.9111
    Latitude
    41.3938
    CBSA code
    37800
    CBSA name
    PELLA, 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
    $1,214
    $29,110
    $52,570
    $81,680
    -
    $29,110
    $52,570
    $81,680

    Comparable in this City

    • Value Estimation
      $155,000
      8,145 SF

      2004 Hempstead Dr Ste A

      MINI-WAREHOUSE, STORAGE • 8,145 SF
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      View Details
    • Value Estimation by Request
      6,720 SF

      Graceland Cemetery Rd

      MINI-WAREHOUSE, STORAGE • 6,720 SF
      Graceland Cemetery Rd, Pella, IA 50219
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    • Value Estimation by Request
      2,116 SF

      506 2nd St

      MINI-WAREHOUSE, STORAGE • 2,116 SF
      506 2nd St, Pella, IA 50219
      View Details
    • Value Estimation
      $540,000
      12,600 SF

      2105 Old Hwy 163

      MINI-WAREHOUSE, STORAGE • 12,600 SF
      2105 Old Hwy 163, Pella, IA 50219
      View Details
    • Value Estimation
      $490,000
      4,680 SF

      Pella, IA 50219

      MINI-WAREHOUSE, STORAGE • 4,680 SF
      Pella, IA 50219
      View Details
    • Value Estimation
      $330,000
      5,250 SF

      933 11th St

      MINI-WAREHOUSE, STORAGE • 5,250 SF
      933 11th St, Pella, IA 50219-7858
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Outlot for Lease

      1.05 acre commercial outlot suitable for various businesses.
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    • Contact for pricing
      1,819 SF

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      Retail space with high visibility and ample parking available for lease.
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      View Details
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    347 Truman Rd
    Pella, IA 50219
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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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