Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5 Madison Ave Iola, KS 66749-3329

    • Retail space
    • 5,851 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US33-0267657
    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

    • The Market Place / Antique Store / Flea Market

    Property Details for 5 Madison Ave

    Year built
    1907
    Construction
    FRAME
    Lot size
    0.10 lot acres
    Property size
    5,851 SF
    Property type
    Retail space
    APN
    077-35-0-20-12-007.00-0
    APU
    773502012007000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Allen
    State
    Kansas
    Longitude
    -95.4042
    Latitude
    37.9211

    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
    $3,658
    $898
    $16,995
    $17,893
    -
    $3,590
    $73,390
    $76,980

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      522 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      522 Chestnut St, Iola, KS 66749
      View Details
    • Value Estimation by Request
      0.14 Acres

      516 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      516 Chestnut St, Iola, KS 66749
      View Details
    • Value Estimation by Request
      576 SF

      1219 Ee St

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      1219 Ee St, Iola, KS 66749-3027
      View Details
    • Value Estimation by Request
      5,000 SF

      201 Ss St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      201 Ss St, Iola, KS 66749-3333
      View Details
    • Value Estimation by Request
      2,250 SF

      16 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      16 Broadway St, Iola, KS 66749-3232
      View Details
    • Value Estimation by Request
      2,970 SF

      5 Jefferson Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,970 SF
      5 Jefferson Ave, Iola, KS 66749-2938
      View Details

    Similar Nearby for Sale

    • $50,000
      0.28 Acres

      Versatile Commercial Property in Downtown Iola

      Adaptable commercial building in historic downtown Iola, Kansas.
      523 N Buckeye St, Iola, KS 66749
      View Details
    • $150,000
      0.49 Acres

      Prime Land Ready For Development

      High-traffic location with incentives perfect for restaurant or retail.
      1119 East St, Iola, KS 66749
      View Details
    • $198,000
      0.50 Acres

      Prime Corner Lot in Iola

      High-visibility corner lot ideal for restaurant or fast food venture.
      1303 East St, Iola, KS 66749
      View Details
    • $224,000

      Iola Warehouse: $224,000

      Prime Iola warehouse, high visibility.
      1303 St St, Iola, KS 66749
      View Details
    • $715,000
      7,500 SF

      Climate-Controlled Storage Facility For Sale

      Updated climate-controlled storage facility with expansion potential in Allen County.
      712 W Patterson Ave, Iola, KS 66749
      View Details
    • $65,000
      0.41 Acres

      Iola Commercial Corner Lot

      High-traffic location, redevelopment opportunity.
      303 State St, Iola, KS 66749
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      2.8k
    • Avg Time on site
      11 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Madison Ave
    Iola, KS 66749-3329
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.