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    Property profile & analytics

    402 Hwy 218th N La Porte City, IA 50651-1007

    • Grocery and convenience stores
    • 3,360 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US25-0343798
    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

    • Grocery and convenience stores

    Property Details for 402 Hwy 218th N

    Year built
    2011
    Lot size
    0.97 lot acres
    Property size
    3,360 SF
    Property type
    Grocery and convenience stores
    APN
    8712-25-304-019
    APU
    871225304019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Porte City
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.1968
    Latitude
    42.3188
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    2023
    $12,547
    $38,880
    $413,580
    $452,460
    -
    $38,880
    $413,580
    $452,460

    Comparable in this City

    • Value Estimation
      $195,000
      1,728 SF

      606 Hwy 218th N

      CONVENIENCE STORE • 1,728 SF
      606 Hwy 218th N, La Porte City, IA 50651-1011
      View Details
    • Value Estimation by Request
      3,200 SF

      308 Hwy 218th N

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      308 Hwy 218th N, La Porte City, IA 50651-1005
      View Details
    • Value Estimation by Request
      2,840 SF

      413 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,840 SF
      413 Main St, La Porte City, IA 50651-1336
      View Details
    • Value Estimation by Request
      960 SF

      307 Main St

      BARBER, HAIR SALON • 960 SF
      307 Main St, La Porte City, IA 50651-1333
      View Details
    • Value Estimation by Request
      3,164 SF

      302 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,164 SF
      302 Main St, La Porte City, IA 50651-1332
      View Details
    • Value Estimation by Request
      4,397 SF

      408 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,397 SF
      408 Main St, La Porte City, IA 50651-1334
      View Details

    Similar Nearby for Sale

    • $139,900
      0.37 Acres

      Established Commercial Space on Highway

      High-traffic commercial space ideal for retail, office, or service businesses.
      606 N 218 Hwy, Laporte City, IA 50651
      View Details
    • $75,000
      0.03 Acres

      Main Street Office with Apartment

      Main Street office with apartment in LaPorte City, Iowa.
      307 Main St, Laporte City, IA 50651
      View Details
    • $1,950,000
      Pending

      Productive Farmland Near La Porte

      195 acres of tillable farmland in Black Hawk County.
      Garling Rd, La Porte City, IA 50651
      View Details
    • $1,950,000
      Pending

      Productive Farmland Near La Porte

      195 acres of tillable farmland in Black Hawk County.
      Garling Rd, La Porte City, IA 50651
      View Details
    • $1,950,000
      Pending

      Productive Farmland Near La Porte City

      195 acres of tillable farmland in Black Hawk County, Iowa.
      Garling Rd, La Porte City, IA 50651
      View Details
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    402 Hwy 218th N
    La Porte City, IA 50651-1007
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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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