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    Property profile & analytics

    400 Drake Ave Centerville, IA 52544

    • Individual retail properties
    • 27,408 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US25-1315873
    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

    • Individual retail properties

    Property Details for 400 Drake Ave

    Year built
    1920
    Lot size
    2.10 lot acres
    Property size
    27,408 SF
    Property type
    Individual retail properties
    APN
    340011005760000
    APU
    340011005760000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Centerville
    County
    Appanoose
    State
    Iowa
    Longitude
    -92.8734
    Latitude
    40.7309

    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
    2022
    $7,388
    $57,880
    $228,600
    $286,480
    -
    $57,880
    $228,600
    $286,480

    Comparable in this City

    • Value Estimation by Request
      14,186 SF

      708 Main St

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    • Value Estimation by Request
      4,520 SF

      1224 18th St

      RETAIL STORES (PERSONAL SERVICES) • 4,520 SF
      1224 18th St, Centerville, IA 52544-2731
      View Details
    • Value Estimation by Request
      39,300 SF

      1015 18Th St

      Lifestyle centers • 39,300 SF
      1015 18Th St, Centerville, IA 52544
      View Details
    • Value Estimation by Request
      39,300 SF

      1015 18Th St

      Retail properties • 39,300 SF
      1015 18Th St, Centerville, IA 52544
      View Details
    • Value Estimation
      $335,000
      600 SF

      24346 540th St

      NURSERY, GREENHOUSE, FLORIST • 600 SF
      24346 540th St, Centerville, IA 52544-8524
      View Details
    • Value Estimation
      $335,000
      1,512 SF

      26892 153rd Ave

      NURSERY, GREENHOUSE, FLORIST • 1,512 SF
      26892 153rd Ave, Numa, IA 52544-8787
      View Details

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    400 Drake Ave
    Centerville, IA 52544
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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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