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Property profile & analytics

416 Grand Ave Spencer, IA 51301-5319

  • Retail space
  • 9,649 SF
  • 0.35 lot acres
OFF-MARKET
Value Estimation
$260,000
Last Sale
Jun 20, 2023
$300,000
Location Intelligence
Property ID
US25-1925890
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

  • Carroll's Bakery / Dessert Restaurant / Donut Shop
  • Spencer Auto Parts Inc / Auto Parts Store

Property Details for 416 Grand Ave

Year built
1940
Lot size
0.35 lot acres
Property size
9,649 SF
Zone code
C-2 HIGHWAY COMMERCIAL
Property type
Retail space
APN
963618328004
APU
963618328004

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $260,000
  • CAP approach

    CAP return
    Estimation
    6%
    $270,000
    6.5%
    $240,000
    7%
    $255,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $215,000
    Retail
    $215,000
    Mixed-Use
    $260,000
    Hospitality
    $255,000
    Educational
    $240,000
    Residential Income
    $220,000
    Energy
    $225,000
    Income-Based Land
    $235,000
    Food Service
    $250,000

Location Insight

  • Map
  • Local Demand
City
Spencer
County
Clay
State
Iowa
Longitude
-95.1437
Latitude
43.1336
CBSA code
43980
CBSA name
SPENCER, 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
$8,280
$176,710
$169,840
$346,550
-
$176,710
$169,840
$346,550
More about this property
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