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    Property profile & analytics

    402 2nd St Mount Pleasant, IA 52641-8352

    • Warehouses
    • 9,600 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1348584
    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

    • Warehouses

    Property Details for 402 2nd St

    Year built
    1976
    Construction
    FRAME
    Lot size
    1.59 lot acres
    Property size
    9,600 SF
    Property type
    Warehouses
    APN
    380070528400100
    APU
    380070528400100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.68
    Latitude
    40.9838

    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
    $974
    $23,850
    $39,290
    $63,140
    -
    $23,850
    $39,290
    $63,140

    Comparable in this City

    • Value Estimation by Request
      3,524 SF

      314 Lee St

      WAREHOUSE, STORAGE • 3,524 SF
      314 Lee St, Mt Pleasant, IA 52641-1760
      View Details
    • Value Estimation by Request
      1,280 SF

      104 Saunders Ave

      WAREHOUSE, STORAGE • 1,280 SF
      104 Saunders Ave, Mt Pleasant, IA 52641-3013
      View Details
    • Value Estimation by Request
      77,290 SF

      411 Cherry St

      WAREHOUSE, STORAGE • 77,290 SF
      411 Cherry St, Mt Pleasant, IA 52641-1409
      View Details
    • Value Estimation
      $420,000
      6,400 SF

      2355 Blackhawk Ln

      MINI-WAREHOUSE, STORAGE • 6,400 SF
      2355 Blackhawk Ln, Mt Pleasant, IA 52641
      View Details
    • Value Estimation
      $275,000
      9,840 SF

      1407 Broadway St

      WAREHOUSE, STORAGE • 9,840 SF
      1407 Broadway St, Mt Pleasant, IA 52641-2875
      View Details
    • Value Estimation
      $380,000
      2,376 SF

      1101 Broadway St

      WAREHOUSE, STORAGE • 2,376 SF
      1101 Broadway St, Mt Pleasant, IA 52641-2809
      View Details

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      1.87 acre lot near golf course, suitable for building.
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    Mount Pleasant, IA 52641-8352
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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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