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    Property profile & analytics

    501 Sherman St Prairie City, IA 50228-8666

    • Assisted living facilities
    • 20,989 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1644470
    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

    • Clearview Recovery Inc / Addiction Treatment Center

    Property Details for 501 Sherman St

    Year built
    1963
    Lot size
    1.19 lot acres
    Property size
    20,989 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    1231351002
    APU
    1231351002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prairie City
    County
    Jasper
    State
    Iowa
    Longitude
    -93.232
    Latitude
    41.6024
    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
    2023
    $0.00
    $0.00
    $0.00
    $720,450
    -
    $0.00
    $0.00
    $720,450

    Comparable in this City

    • Value Estimation by Request
      2,870 SF

      100 Jefferson St

      MEDICAL BUILDING • 2,870 SF
      100 Jefferson St, Prairie City, IA 50228-7709
      View Details
    • Value Estimation
      $460,000
      7,047 SF

      404 2nd St

      MEDICAL BUILDING • 7,047 SF
      404 2nd St, Prairie City, IA 50228-8829
      View Details
    • Value Estimation
      $385,000
      1,376 SF

      111 Main St

      MEDICAL BUILDING • 1,376 SF
      111 Main St, Prairie City, IA 50228-7744
      View Details
    • Value Estimation by Request
      0.19 Acres

      206 2nd St

      COMMERCIAL (GENERAL) • 0.19 Acres
      206 2nd St, Prairie City, IA 50228-8555
      View Details
    • Value Estimation by Request
      0.19 Acres

      100 5th St

      COMMERCIAL (GENERAL) • 0.19 Acres
      100 5th St, Prairie City, IA 50228-7765
      View Details
    • Value Estimation by Request
      3.30 Acres

      11874 93rd S St

      COMMERCIAL (GENERAL) • 3.30 Acres
      11874 93rd S St, Prairie City, IA 50228
      View Details
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    Prairie City, IA 50228-8666
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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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