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    Property profile & analytics

    500 Walnut St Minburn, IA 50167-5000

    • Office buildings
    • 1,440 SF
    • 5.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0311795
    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

    • Heartland Co-Op Elevator / Grain Elevator

    Property Details for 500 Walnut St

    Year built
    1963
    Construction
    FRAME
    Lot size
    5.19 lot acres
    Property size
    1,440 SF
    Property type
    Office buildings
    APN
    708157002
    APU
    708157002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minburn
    County
    Dallas
    State
    Iowa
    Longitude
    -94.0318
    Latitude
    41.7592
    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
    2022
    $47,206
    $135,750
    $1,694,430
    $1,830,180
    -
    $135,750
    $1,694,430
    $1,830,180

    Comparable in this City

    • Value Estimation by Request
      3,136 SF

      705 Chestnut St

      OFFICE BUILDING • 3,136 SF
      705 Chestnut St, Minburn, IA 50167-4700
      View Details
    • Value Estimation
      $340,000
      1,562 SF

      416 Chestnut St

      OFFICE BUILDING • 1,562 SF
      416 Chestnut St, Minburn, IA 50167-1003
      View Details
    • Value Estimation by Request
      2,128 SF

      16062 240th St

      OFFICE BUILDING • 2,128 SF
      16062 240th St, Minburn, IA 50167-8192
      View Details
    • Value Estimation by Request
      0.11 Acres

      Minburn, IA 50167

      VACANT COMMERCIAL LAND • 0.11 Acres
      Minburn, IA 50167
      View Details
    • Value Estimation by Request
      1.00 Acre

      Minburn, IA 50167

      COMMERCIAL (GENERAL) • 1.00 Acre
      Minburn, IA 50167
      View Details
    • Value Estimation by Request
      3,192 SF

      Minburn, IA 50167

      LIGHT INDUSTRIAL • 3,192 SF
      Minburn, IA 50167
      View Details
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    500 Walnut St
    Minburn, IA 50167-5000
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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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