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    Property profile & analytics

    505 2nd St Traer, IA 50675

    • Investment properties
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US25-1738664
    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

    • The Old Produce Antiques & Misc. / Antique Store

    Property Details for 505 2nd St

    Lot size
    0.28 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    07.10.132.003
    APU
    710132003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Traer
    County
    Tama
    State
    Iowa
    Longitude
    -92.4672
    Latitude
    42.1931

    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
    $0.00
    $13,800
    $124,520
    $138,320
    -
    $13,800
    $124,520
    $138,320

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      622 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.21 Acres
      622 2nd St, Traer, IA 50675-1231
      View Details
    • Value Estimation
      $325,000
      0.08 Acres

      549 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.08 Acres
      549 2nd St, Traer, IA 50675-1100
      View Details
    • Value Estimation by Request
      0.07 Acres

      542 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.07 Acres
      542 2nd St, Traer, IA 50675-1139
      View Details
    • Value Estimation by Request
      0.11 Acres

      537 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.11 Acres
      537 2nd St, Traer, IA 50675-1138
      View Details
    • Value Estimation
      $260,000
      0.34 Acres

      714 1st St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.34 Acres
      714 1st St, Traer, IA 50675-1008
      View Details
    • Value Estimation
      $315,000
      0.40 Acres

      109 Main St, Unit 12

      OFFICE/RESIDENTIAL (MIXED USE) • 0.40 Acres
      109 Main St, Traer, IA 50675-1027
      View Details

    Similar Nearby for Sale

    • $52,500
      1,760 SF

      Downtown Traer Commercial Space

      Prime Office/Retail, Garage Included
      540 2Nd St, Traer, IA 50675
      View Details
    • Contact for pricing
      0.55 Acres

      Residential Lot in Traer Addition

      Residential land with country views, near school, Traer, Iowa.
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      0.44 Acres

      Residential Lot in Traer, Iowa

      Residential land for sale with country views near school.
      815 Wilson St, Traer, IA 50675
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      0.22 Acres

      Residential Lot in Traer Addition

      Residential land in Traer, Iowa, with country views.
      894 Russell Rd, Traer, IA 50675
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    • Contact for pricing
      0.50 Acres

      Residential Lot in Traer, Iowa

      Residential land for sale in Traer, with country views.
      905 Sunset Cir, Traer, IA 50675
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    • Contact for pricing
      0.35 Acres

      Residential Lot in New Addition

      Residential land with country views, near school, Traer, Iowa.
      892 Russell Rd, Traer, IA 50675
      View Details
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    505 2nd St
    Traer, IA 50675
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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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