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    Property profile & analytics

    401 1st Ave Perry, IA 50220-1902

    • Retail space
    • 42,364 SF
    • 4.74 lot acres
    OFF-MARKET
    Value Estimation
    $990,000
    Last Sale
    Feb 18, 2020
    $1,260,000
    Location Intelligence
    Property ID
    US25-0136687
    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

    • Tractor Supply Co. / Pet Store / Pet Supply Store
    • TNT Fireworks / Store / Fireworks Store

    Property Details for 401 1st Ave

    Year built
    1976
    Lot size
    4.74 lot acres
    Property size
    42,364 SF
    Property type
    Retail space
    APN
    216228006
    APU
    216228006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Dallas
    State
    Iowa
    Longitude
    -94.1077
    Latitude
    41.8318
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN 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
    2022
    $45,240
    $206,480
    $1,418,090
    $1,624,570
    -
    $206,480
    $1,418,090
    $1,624,570

    Comparable in this City

    • Value Estimation by Request
      896 SF

      Perry, IA 50220

      RETAIL STORES (PERSONAL SERVICES) • 896 SF
      Perry, IA 50220
      View Details
    • Value Estimation by Request
      724 SF

      1620 Pattee St

      RETAIL STORES (PERSONAL SERVICES) • 724 SF
      1620 Pattee St, Perry, IA 50220-1444
      View Details
    • Value Estimation by Request
      7,216 SF

      805 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 7,216 SF
      805 Railroad St, Perry, IA 50220-1758
      View Details
    • Value Estimation by Request
      1,250 SF

      1116 Rawson St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      1116 Rawson St, Perry, IA 50220
      View Details
    • Value Estimation by Request
      3,319 SF

      1116 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 3,319 SF
      1116 2nd St, Perry, IA 50220-1615
      View Details
    • Value Estimation
      $105,000
      2,016 SF

      2903 Willis Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,016 SF
      2903 Willis Ave, Perry, IA 50220-2325
      View Details

    Similar Nearby for Sale

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      Former Funeral Home For Sale

      9,240 SF building suitable for retail, office, or religious use.
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      Retail Space on Highway 141

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    • $675,000
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      Willis Avenue Retail Property

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      Restored Building in Perry, Iowa

      9,920 SF building in Perry, ideal for retailers.
      1208 Willis Ave, Perry, IA 50220
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    • Contact for pricing
      3,682 SF

      Retail Space Near Hy-Vee

      Retail property anchored by Hy-Vee and Ace Hardware.
      1319 141St St, Perry, IA 50220
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    • $250,000
      0.42 Acres

      Turnkey Diner Opportunity in Perry

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    Property Visit Statistics

    • Visits by month
      878
    • Visitors by month
      452
    • Avg Time on site
      41 min
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    Perry, IA 50220-1902
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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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