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    Property profile & analytics

    418 2Nd St Gladbrook, IA 50635

    • Investment properties
    • 0.07 lot acres
    For Sale
    View listing
    $63,950
    Value Estimation
    Location Intelligence
    Property ID
    US25-1577110
    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

    • Bowman & Miller PC / Accountant

    Property Details for 418 2Nd St

    Lot size
    0.07 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05.09.406.008
    APU
    509406008

    Description

    This unique 7,200 square foot mixed-use property located at 418 2nd Street, Gladbrook, IA, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building offers a diverse range of income streams. The main floor comprises two offices, a barber shop, and restrooms, providing immediate rental income potential. Upstairs, the property boasts three apartments: one two-bedroom unit and two one-bedroom units. Recent updates have been made to both the apartments and the building itself, enhancing their appeal and value. A convenient coin-operated laundry adds another revenue stream. The property also features ample parking spaces located at the rear, along with a useful deck area. This versatile property is ideal for an investor seeking a blend of commercial and residential income, offering a strong return on investment with its established tenant base and diverse income streams. The property's location in Gladbrook, IA, provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. Don't miss out on this chance to expand your portfolio with a truly unique and profitable investment.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gladbrook
    County
    Tama
    State
    Iowa
    Longitude
    -92.7143
    Latitude
    42.1874

    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
    $0.00
    $1,150
    $38,600
    $39,750
    -
    $1,150
    $38,600
    $39,750

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      410 Johnston St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
      410 Johnston St, Gladbrook, IA 50635-9302
      View Details
    • Value Estimation by Request
      0.18 Acres

      417 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.18 Acres
      417 2nd St, Gladbrook, IA 50635-7720
      View Details
    • Value Estimation by Request
      0.15 Acres

      402 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      402 2nd St, Gladbrook, IA 50635-7719
      View Details
    • Value Estimation by Request
      2,256 SF

      422 2Nd St

      Retail properties • 2,256 SF
      422 2Nd St, Gladbrook, IA 50635
      View Details
    • Value Estimation by Request
      2.35 Acres

      Gladbrook, IA 50635

      INDUSTRIAL - VACANT LAND • 2.35 Acres
      Gladbrook, IA 50635
      View Details
    • Value Estimation by Request
      0.54 Acres

      Gladbrook, IA 50635

      INDUSTRIAL - VACANT LAND • 0.54 Acres
      Gladbrook, IA 50635
      View Details

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    418 2Nd St
    Gladbrook, IA 50635
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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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