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    Property profile & analytics

    450 5th NW Ave Le Mars, IA 51031-3106

    • Office buildings
    • 1,986 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2397975
    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

    • Office buildings

    Property Details for 450 5th NW Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.20 lot acres
    Property size
    1,986 SF
    Property type
    Office buildings
    APN
    12-09-304-001
    APU
    1209304001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1736
    Latitude
    42.7989

    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
    $874
    $30,450
    $8,000
    $38,450
    -
    $30,450
    $8,000
    $38,450

    Comparable in this City

    • Value Estimation by Request
      4,600 SF

      1191 18th SW St

      OFFICE BUILDING • 4,600 SF
      1191 18th SW St, Le Mars, IA 51031-3044
      View Details
    • Value Estimation by Request
      1,405 SF

      16 2nd SE St

      PROFESSIONAL BUILDING • 1,405 SF
      16 2nd SE St, Le Mars, IA 51031-2060
      View Details
    • Value Estimation by Request
      3,490 SF

      32802 170th St

      OFFICE BUILDING • 3,490 SF
      32802 170th St, Le Mars, IA 51031-8796
      View Details
    • Value Estimation by Request
      28,397 SF

      Le Mars, IA 51031

      OFFICE BUILDING • 28,397 SF
      Le Mars, IA 51031
      View Details
    • Value Estimation by Request
      4,209 SF

      200 5th SW Ave

      PROFESSIONAL BUILDING • 4,209 SF
      200 5th SW Ave, Le Mars, IA 51031-1917
      View Details
    • Value Estimation by Request
      875 SF

      515 Hawkeye SW Ave

      PROFESSIONAL BUILDING • 875 SF
      515 Hawkeye SW Ave, Le Mars, IA 51031-1957
      View Details

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    450 5th NW Ave
    Le Mars, IA 51031-3106
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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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