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    Property profile & analytics

    408 Main St Slater, IA 50244-7782

    • Retail space
    • 2,584 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0531311
    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

    • Sheldahl Crossing / Antique Store / Gift Shop

    Property Details for 408 Main St

    Year built
    1918
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    2,584 SF
    Property type
    Retail space
    APN
    13-30-435-135
    APU
    1330435135

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Slater
    County
    Story
    State
    Iowa
    Longitude
    -93.6826
    Latitude
    41.8825
    CBSA code
    11180
    CBSA name
    AMES, 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
    $1,502
    $19,500
    $64,500
    $84,000
    -
    $19,500
    $64,500
    $84,000

    Comparable in this City

    • Value Estimation
      $100,000
      1,346 SF

      406 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,346 SF
      406 Main St, Slater, IA 50244
      View Details
    • Value Estimation
      $305,000
      4,484 SF

      308 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,484 SF
      308 Main St, Slater, IA 50244-7778
      View Details
    • Value Estimation by Request
      4,392 SF

      501 Linn St

      FINANCIAL BUILDING • 4,392 SF
      501 Linn St, Slater, IA 50244-7806
      View Details
    • Value Estimation by Request
      3,280 SF

      200 6th Ave

      CONVENIENCE STORE • 3,280 SF
      200 6th Ave, Slater, IA 50244-9718
      View Details
    • Value Estimation by Request
      3,180 SF

      101 Story St

      FINANCIAL BUILDING • 3,180 SF
      101 Story St, Slater, IA 50244-7757
      View Details
    • Value Estimation by Request
      777 SF

      315 Main St

      BARBER, HAIR SALON • 777 SF
      315 Main St, Slater, IA 50244-7704
      View Details
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    408 Main St
    Slater, IA 50244-7782
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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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