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    Property profile & analytics

    409 Hwy 61st Sus Wapello, IA 52653-1360

    • Banks
    • 2,668 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Location Intelligence
    Property ID
    US25-1699341
    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

    • Banks

    Property Details for 409 Hwy 61st Sus

    Year built
    1987
    Lot size
    0.92 lot acres
    Property size
    2,668 SF
    Property type
    Banks
    APN
    08-34-126-011
    APU
    834126011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wapello
    County
    Louisa
    State
    Iowa
    Longitude
    -91.1898
    Latitude
    41.1734
    CBSA code
    34700
    CBSA name
    MUSCATINE, 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
    2023
    $10,516
    $92,000
    $295,340
    $387,340
    -
    $92,000
    $295,340
    $387,340

    Comparable in this City

    • Value Estimation
      $645,000
      3,171 SF

      206 Hwy 61st Nus

      FINANCIAL BUILDING • 3,171 SF
      206 Hwy 61st Nus, Wapello, IA 52653-1245
      View Details
    • Value Estimation
      $575,000
      6,829 SF

      306 2nd St

      FINANCIAL BUILDING • 6,829 SF
      306 2nd St, Wapello, IA 52653-1204
      View Details
    • Value Estimation by Request
      6,800 SF

      335 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 6,800 SF
      335 2nd St, Wapello, IA 52653
      View Details
    • Value Estimation by Request
      1,820 SF

      503 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 1,820 SF
      503 Franklin St, Wapello, IA 52653-1410
      View Details
    • Value Estimation
      $210,000
      5,400 SF

      812 Weaver Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      812 Weaver Blvd, Wapello, IA 52653-9282
      View Details
    • Value Estimation by Request
      1,893 SF

      332 2nd St

      BARBER, HAIR SALON • 1,893 SF
      332 2nd St, Wapello, IA 52653-1259
      View Details

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      Land with utilities ready for building near recreational opportunities.
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    409 Hwy 61st Sus
    Wapello, IA 52653-1360
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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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