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    Property profile & analytics

    501 Ohio St Lenox, IA 50851-1168

    • Gas stations
    • 1,288 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Feb 27, 2020
    $38,000
    Location Intelligence
    Property ID
    US25-2255336
    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

    • Gas stations

    Property Details for 501 Ohio St

    Year built
    1952
    Lot size
    0.27 lot acres
    Property size
    1,288 SF
    Property type
    Gas stations
    APN
    1401001341000
    APU
    1401001341000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lenox
    County
    Taylor
    State
    Iowa
    Longitude
    -94.5656
    Latitude
    40.8825

    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
    $828
    $10,300
    $44,480
    $54,780
    -
    $10,300
    $44,480
    $54,780

    Comparable in this City

    • Value Estimation by Request
      1,374 SF

      Lenox, IA 50851

      SERVICE STATION (FULL SERVICE) • 1,374 SF
      Lenox, IA 50851
      View Details
    • Value Estimation by Request
      2,110 SF

      Lenox, IA 50851

      CAR WASH - SELF-SERVE • 2,110 SF
      Lenox, IA 50851
      View Details
    • Value Estimation by Request
      2,880 SF

      Lenox, IA 50851

      NURSERY, GREENHOUSE, FLORIST • 2,880 SF
      Lenox, IA 50851
      View Details
    • Value Estimation by Request
      2,508 SF

      118 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,508 SF
      118 Main St, Lenox, IA 50851-1238
      View Details
    • Value Estimation
      $355,000
      2,960 SF

      506 Van Buren St, Unit 2834

      CONVENIENCE STORE • 2,960 SF
      506 Van Buren St, Lenox, IA 50851-1072
      View Details
    • Value Estimation by Request
      1,760 SF

      110 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      110 Main St, Lenox, IA 50851-1240
      View Details

    Similar Nearby for Sale

    • $179,000
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      Well-established service station available in Lenox, Iowa.
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    • $199,950
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      Turnkey Bowling Alley and Restaurant

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    • Contact for pricing
      0.02 Acres

      Vacant Lot in Downtown Lenox

      Vacant commercial land for sale in Lenox, Iowa.
      106 S Main St, Lenox, IA 50851
      View Details
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    501 Ohio St
    Lenox, IA 50851-1168
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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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