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    Property profile & analytics

    365 Western Ave Marengo, IA 52301-1266

    • Retail space
    • 12,000 SF
    • 2.38 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US25-1391303
    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 365 Western Ave

    Year built
    1978
    Lot size
    2.38 lot acres
    Property size
    12,000 SF
    Property type
    Retail space
    APN
    1125-0304-1
    APU
    112503041

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Iowa
    State
    Iowa
    Longitude
    -92.0752
    Latitude
    41.7922

    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
    $8,788
    $127,680
    $180,940
    $308,620
    -
    $127,680
    $180,940
    $308,620

    Comparable in this City

    • Value Estimation
      $1,705,000
      10,660 SF

      1042 Marengo Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,660 SF
      1042 Marengo Ave, Marengo, IA 52301-1539
      View Details
    • Value Estimation
      $615,000
      13,950 SF

      284 Western Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,950 SF
      284 Western Ave, Marengo, IA 52301-1220
      View Details
    • Value Estimation by Request
      1,464 SF

      1155 Ct Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,464 SF
      1155 Ct Ave, Marengo, IA 52301-1403
      View Details
    • Value Estimation by Request
      9,752 SF

      1100 Marengo Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,752 SF
      1100 Marengo Ave, Marengo, IA 52301-1523
      View Details
    • Value Estimation
      $200,000
      10,926 SF

      112 Washington St, Unit 122

      RETAIL STORES (PERSONAL SERVICES) • 10,926 SF
      112 Washington St, Marengo, IA 52301-1545
      View Details
    • Value Estimation
      $295,000
      14,136 SF

      394 Western Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,136 SF
      394 Western Ave, Marengo, IA 52301-1216
      View Details

    Similar Nearby for Sale

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    365 Western Ave
    Marengo, IA 52301-1266
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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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