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    Property profile & analytics

    400 2nd Ave Villisca, IA 50864-1200

    • Office buildings
    • 1,107 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2217365
    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

    • Swanson Law Firm / Attorney / Law Firm

    Property Details for 400 2nd Ave

    Year built
    1960
    Lot size
    0.08 lot acres
    Property size
    1,107 SF
    Property type
    Office buildings
    APN
    641227127010000
    APU
    641227127010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Villisca
    County
    Montgomery
    State
    Iowa
    Longitude
    -94.979
    Latitude
    40.9285

    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
    $1,035
    $3,150
    $21,180
    $24,330
    -
    $3,150
    $21,180
    $24,330

    Comparable in this City

    • Value Estimation
      $400,000
      11,154 SF

      316 3rd St

      OFFICE BUILDING • 11,154 SF
      316 3rd St, Villisca, IA 50864-1135
      View Details
    • Value Estimation by Request
      1,726 SF

      406 3rd Ave

      PROFESSIONAL BUILDING • 1,726 SF
      406 3rd Ave, Villisca, IA 50864-1213
      View Details
    • Value Estimation
      $365,000
      2,560 SF

      318 3rd Ave

      OFFICE BUILDING • 2,560 SF
      318 3rd Ave, Villisca, IA 50864-1143
      View Details
    • Value Estimation
      $385,000
      2,560 SF

      205 4th St

      OFFICE BUILDING • 2,560 SF
      205 4th St, Villisca, IA 50864-1144
      View Details
    • Value Estimation
      $220,000
      1,800 SF

      101 U Ave

      OFFICE BUILDING • 1,800 SF
      101 U Ave, Villisca, IA 50864-7011
      View Details
    • Value Estimation
      $560,000
      3,000 SF

      309 5th Ave

      MEDICAL BUILDING • 3,000 SF
      309 5th Ave, Villisca, IA 50864-1160
      View Details
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    400 2nd Ave
    Villisca, IA 50864-1200
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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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