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    Property profile & analytics

    403 Main Ave Clear Lake, IA 50428-1826

    • Retail space
    • 3,525 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Oct 03, 2023
    Location Intelligence
    Property ID
    US25-0588500
    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

    • Retail space

    Property Details for 403 Main Ave

    Year built
    1899
    Lot size
    0.10 lot acres
    Property size
    3,525 SF
    Property type
    Retail space
    APN
    51328500200
    APU
    51328500200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.3806
    Latitude
    43.1365
    CBSA code
    32380
    CBSA name
    MASON CITY, IA MICROPOLITAN 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
    $5,646
    $50,760
    $255,180
    $305,940
    -
    $50,760
    $255,180
    $305,940

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      800 2nd N Ave, Unit 4

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      800 2nd N Ave, Clear Lake, IA 50428-1711
      View Details
    • Value Estimation by Request
      1,352 SF

      996 9th S Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,352 SF
      996 9th S Ave, Clear Lake, IA 50428-2614
      View Details
    • Value Estimation by Request
      9,190 SF

      600 Us Hwy 18th E

      RETAIL STORES (PERSONAL SERVICES) • 9,190 SF
      600 Us Hwy 18th E, Clear Lake, IA 50428-1440
      View Details
    • Value Estimation
      $300,000
      2,400 SF

      313 8th St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      313 8th St, Clear Lake, IA 50428-1716
      View Details
    • Value Estimation
      $180,000
      1,596 SF

      606 Buddy Holly Pl

      RETAIL STORES (PERSONAL SERVICES) • 1,596 SF
      606 Buddy Holly Pl, Clear Lake, IA 50428-1364
      View Details
    • Value Estimation
      $275,000
      3,092 SF

      301 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,092 SF
      301 Main Ave, Clear Lake, IA 50428-1824
      View Details

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    403 Main Ave
    Clear Lake, IA 50428-1826
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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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