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    Property profile & analytics

    462 Walnut St Elkhart, IA 50073

    • Retail properties
    • 4,200 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Dec 09, 2021
    $60,000
    Location Intelligence
    Property ID
    US25-0428347
    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

    • Retail properties

    Property Details for 462 Walnut St

    Year built
    2022
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    4,200 SF
    Zone code
    I-1
    Property type
    Retail properties
    APN
    211/00009-001-002
    APU
    21100009001002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Polk
    State
    Iowa
    Longitude
    -93.5207
    Latitude
    41.7928
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, 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
    $0.00
    $13,000
    $239,400
    $252,400
    -
    $13,000
    $239,400
    $252,400

    Comparable in this City

    • Value Estimation by Request
      2,444 SF

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    • Value Estimation
      $150,000
      958 SF

      267 Main St

      RETAIL STORES (PERSONAL SERVICES) • 958 SF
      267 Main St, Elkhart, IA 50073-7739
      View Details
    • Value Estimation by Request
      1.19 Acres

      1019 Grant Ave

      COMMERCIAL (GENERAL) • 1.19 Acres
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    • Value Estimation by Request
      9,180 SF

      1411 Main St

      PROCESSING PLANT (CEMENT, GRAVEL) • 9,180 SF
      1411 Main St, Elkhart, IA 50073-8106
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    • Value Estimation by Request
      19,396 SF

      1410 Main St

      WAREHOUSE, STORAGE • 19,396 SF
      1410 Main St, Elkhart, IA 50073-8106
      View Details
    • Value Estimation by Request
      147 SF

      464 Elm St

      COMMERCIAL (GENERAL) • 147 SF
      464 Elm St, Elkhart, IA 50073
      View Details

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      Land with high visibility and easy access to Interstate 35.
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    • Contact for pricing
      1,800 SF

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    Similar Nearby for Lease

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      Elkhart Industrial Space Available

      Industrial space for lease in growing Elkhart, Iowa.
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    • $10 SF/Yr
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      Elkhart Warehouse Space Available

      1,800 SF warehouse space for lease in Elkhart, Iowa.
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    462 Walnut St
    Elkhart, IA 50073
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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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