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    Property profile & analytics

    5034 Lafayette Rd Elk Run Heights, IA 50707-1330

    • Flex space
    • 2,025 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 15, 2021
    $22,000
    Location Intelligence
    Property ID
    US25-0416331
    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

    • Flex space

    Property Details for 5034 Lafayette Rd

    Year built
    2008
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    2,025 SF
    Property type
    Flex space
    APN
    8812-05-226-003
    APU
    881205226003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elk Run Heights
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.2616
    Latitude
    42.4689
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    $1,327
    $16,310
    $76,280
    $92,590
    -
    $16,310
    $76,280
    $92,590

    Comparable in this City

    • Value Estimation by Request
      1,350 SF

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      1,248 SF

      216 High St

      LIGHT INDUSTRIAL • 1,248 SF
      216 High St, Elk Run Heights, IA 50707
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      4,192 SF

      Evansdale, IA 50707

      LIGHT INDUSTRIAL • 4,192 SF
      Evansdale, IA 50707
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    • Value Estimation by Request
      2,400 SF

      208 Randall Ave

      LIGHT INDUSTRIAL • 2,400 SF
      208 Randall Ave, Evansdale, IA 50707
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    • Value Estimation
      $190,000
      1,984 SF

      843 Central Ave

      LIGHT INDUSTRIAL • 1,984 SF
      843 Central Ave, Evansdale, IA 50707
      View Details
    • Value Estimation
      $380,000
      10,656 SF

      125 Morehouse St

      LIGHT INDUSTRIAL • 10,656 SF
      125 Morehouse St, Evansdale, IA 50707-1026
      View Details

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    5034 Lafayette Rd
    Elk Run Heights, IA 50707-1330
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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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