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    Property profile & analytics

    501 Montgomery St Decorah, IA 52101-2703

    • Gas stations
    • 1,516 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Location Intelligence
    Property ID
    US25-1941789
    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

    • Folkedahl 66 Services / Gas Station

    Property Details for 501 Montgomery St

    Year built
    1934
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    1,516 SF
    Property type
    Gas stations
    APN
    111538000700
    APU
    111538000700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decorah
    County
    Winneshiek
    State
    Iowa
    Longitude
    -91.7751
    Latitude
    43.2997

    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
    $1,956
    $66,540
    $41,680
    $108,220
    -
    $66,540
    $41,680
    $108,220

    Comparable in this City

    • Value Estimation
      $405,000
      4,392 SF

      504 Short St

      SERVICE STATION (FULL SERVICE) • 4,392 SF
      504 Short St, Decorah, IA 52101-2400
      View Details
    • Value Estimation
      $365,000
      4,160 SF

      812 Mechanic St

      SERVICE STATION (FULL SERVICE) • 4,160 SF
      812 Mechanic St, Decorah, IA 52101
      View Details
    • Value Estimation
      $365,000
      1,298 SF

      217 Washington St

      SERVICE STATION (FULL SERVICE) • 1,298 SF
      217 Washington St, Decorah, IA 52101-1831
      View Details
    • Value Estimation
      $95,000
      3,154 SF

      809 Mechanic St

      SERVICE STATION (FULL SERVICE) • 3,154 SF
      809 Mechanic St, Decorah, IA 52101-2145
      View Details
    • Value Estimation by Request
      6,720 SF

      1817 State Hwy 9th 9

      VEHICLE SALES, RENTALS • 6,720 SF
      1817 State Hwy 9th 9, Decorah, IA 52101-7505
      View Details
    • Value Estimation
      $255,000
      2,047 SF

      223 College Dr

      VEHICLE SALES, RENTALS • 2,047 SF
      223 College Dr, Decorah, IA 52101-1304
      View Details

    Similar Nearby for Sale

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      Decorah Commercial Property For Sale

      Prime commercial property in Decorah, Iowa, with high visibility.
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    • $425,000
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      Scenic Land Parcel Near Decorah

      1.6 acre building site near Decorah with scenic views.
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      High-Visibility Decorah Commercial Land

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      Decorah Commercial Land Opportunity

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    Similar Nearby for Lease

    • New
      $1.00 SF/Yr
      125,453 SF

      Decorah Commercial Space For Rent

      Multi-use commercial space in high-traffic Decorah location.
      1111 Montgomery St Unit, Decorah, IA 52101
      View Details
    • $1.00 SF/Yr
      23,087 SF

      Decorah Office/Retail Space Available

      Move-in ready office or retail space in Decorah, Iowa.
      806 Commerce Dr, Decorah, IA 52101
      View Details
    • $2,475 /Mo
      174,240 SF

      Functional Shop with Office Suite

      Clean, heated shop with office suite for lease.
      1668 W Rd Unit South End, Decorah, IA 52101
      View Details
    • New
      $2,000 /Mo
      13,939 SF

      Prime Decorah Office Space Available

      High-visibility office space for lease in Decorah, Iowa.
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      View Details
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    501 Montgomery St
    Decorah, IA 52101-2703
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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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