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    Property profile & analytics

    500 7th St Boone, IA 50036-2838

    • Commercial land
    • 2.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1280786
    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

    • Boone High School / High School / Public Educational Institution

    Property Details for 500 7th St

    Lot size
    2.62 lot acres
    Property type
    Commercial land
    APN
    88426282182052
    APU
    88426282182052

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Boone
    State
    Iowa
    Longitude
    -93.8859
    Latitude
    42.0622
    CBSA code
    11180
    CBSA name
    AMES, 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
    $66,200
    $0.00
    $66,200
    -
    $66,200
    $0.00
    $66,200

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      821 Story St

      VACANT COMMERCIAL LAND • 0.06 Acres
      821 Story St, Boone, IA 50036-2712
      View Details
    • Value Estimation by Request
      0.32 Acres

      1103 Un St

      VACANT COMMERCIAL LAND • 0.32 Acres
      1103 Un St, Boone, IA 50036-4823
      View Details
    • Value Estimation by Request
      0.14 Acres

      Boone, IA 50036

      VACANT COMMERCIAL LAND • 0.14 Acres
      Boone, IA 50036
      View Details
    • Value Estimation by Request
      4.61 Acres

      504 Division St

      VACANT COMMERCIAL LAND • 4.61 Acres
      504 Division St, Boone, IA 50036
      View Details
    • Value Estimation by Request
      1.98 Acres

      609 Frst Ave

      VACANT COMMERCIAL LAND • 1.98 Acres
      609 Frst Ave, Boone, IA 50036-4706
      View Details
    • Value Estimation by Request
      3.27 Acres

      609 Frst Ave

      VACANT COMMERCIAL LAND • 3.27 Acres
      609 Frst Ave, Boone, IA 50036-4706
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25.45 Acres

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      1264 T Ave, Boone, IA 50036
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    • Contact for pricing
      25.45 Acres

      Boone Land with Highway Visibility

      25.45 acres of land with high traffic location.
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      Oak Park Development Land

      Residential land for sale in Oak Park Development, Boone, IA.
      9 Oak Park, Boone, IA 50036
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    • $70,000
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      Oak Park Residential Development Land

      Residential lots available in Boone, Iowa's Oak Park Development.
      53 Oak Park, Boone, IA 50036
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    • $70,000
      0.40 Acres

      Oak Park Development Land

      Residential lots available in Oak Park Development, Boone, IA.
      36 Oak Park, Boone, IA 50036
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    Similar Nearby for Lease

    • Contact for pricing
      495 SF

      Downtown Boone Office Space

      Office space available for rent in Downtown Boone.
      908 8Th St, Boone, IA 50036
      View Details
    • $6 SF/Yr
      28,762 SF

      Boone, IA Office Space Available

      Prime Boone location, 16,447 SF available.
      927 8Th St, Boone, IA 50036
      View Details
    • Contact for pricing
      7,070 SF

      Boone Retail Space: Story Street

      Prime Boone retail space, flexible layouts.
      528 Story St, Boone, IA 50036
      View Details
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    500 7th St
    Boone, IA 50036-2838
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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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