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    Property profile & analytics

    502 Chestnut St Atlantic, IA 50022-1248

    • Retail space
    • 9,188 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Mar 20, 2023
    Location Intelligence
    Property ID
    US25-0471583
    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

    • Retail space

    Property Details for 502 Chestnut St

    Year built
    1883
    Construction
    CONCRETE BLOCKS
    Lot size
    0.15 lot acres
    Property size
    9,188 SF
    Property type
    Retail space
    APN
    303004087001000
    APU
    303004087001000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic
    County
    Cass
    State
    Iowa
    Longitude
    -95.0126
    Latitude
    41.4058

    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
    $1,792
    $9,670
    $88,700
    $98,370
    -
    $9,670
    $88,700
    $98,370

    Comparable in this City

    • Value Estimation by Request

      1200 Brookridge Cir

      RETAIL STORES (PERSONAL SERVICES)
      1200 Brookridge Cir, Atlantic, IA 50022-2304
      View Details
    • Value Estimation by Request
      17,400 SF

      300 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 17,400 SF
      300 Walnut St, Atlantic, IA 50022-1101
      View Details
    • Value Estimation by Request
      157,769 SF

      1905 7th St

      RETAIL STORES (PERSONAL SERVICES) • 157,769 SF
      1905 7th St, Atlantic, IA 50022-1916
      View Details
    • Value Estimation
      $190,000
      3,280 SF

      1010 7th St

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      1010 7th St, Atlantic, IA 50022-1619
      View Details
    • Value Estimation by Request
      5,250 SF

      305 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
      305 Chestnut St, Atlantic, IA 50022-1064
      View Details
    • Value Estimation
      $100,000
      7,000 SF

      315 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      315 Chestnut St, Atlantic, IA 50022-1064
      View Details

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      Established lot in a desirable Atlantic, Iowa location.
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    502 Chestnut St
    Atlantic, IA 50022-1248
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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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