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    Property profile & analytics

    505 Lincoln Way Jefferson, IA 50129-2019

    • Retail space
    • 1,971 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 06, 2020
    $32,000
    Location Intelligence
    Property ID
    US25-0571908
    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 505 Lincoln Way

    Year built
    1929
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    1,971 SF
    Property type
    Retail space
    APN
    11-08-329-004
    APU
    1108329004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Greene
    State
    Iowa
    Longitude
    -94.3686
    Latitude
    42.015

    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
    $688
    $11,100
    $26,100
    $37,200
    -
    $11,100
    $26,100
    $37,200

    Comparable in this City

    • Value Estimation by Request
      3,276 SF

      105 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 3,276 SF
      105 Chestnut St, Jefferson, IA 50129-2101
      View Details
    • Value Estimation by Request
      8,712 SF

      219 Lincoln Way

      RETAIL STORES (PERSONAL SERVICES) • 8,712 SF
      219 Lincoln Way, Jefferson, IA 50129-2205
      View Details
    • Value Estimation by Request
      2,860 SF

      109 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 2,860 SF
      109 Chestnut St, Jefferson, IA 50129-2101
      View Details
    • Value Estimation by Request
      8,104 SF

      107 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 8,104 SF
      107 Chestnut St, Jefferson, IA 50129-2101
      View Details
    • Value Estimation
      $325,000
      6,720 SF

      117 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 6,720 SF
      117 Chestnut St, Jefferson, IA 50129-2201
      View Details
    • Value Estimation
      $210,000
      2,101 SF

      400 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 2,101 SF
      400 Elm St, Jefferson, IA 50129-1420
      View Details

    Similar Nearby for Sale

    • $210,000
      3,764 SF

      Former Funeral Home in Jefferson

      Versatile commercial building suitable for retail, office, or religious use.
      403 N Elm St, Jefferson, IA 50129
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    • $280,000
      0.07 Acres

      Historic Jefferson Mixed-Use Building

      Charming three-story building with commercial and residential spaces.
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    • $140,000
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      Jefferson Iowa Retail Opportunity

      Retail property for sale in Jefferson, Iowa.
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    • $299,000
      1,889 SF

      Former Drive-Thru Restaurant For Sale

      Former Dairy Queen restaurant with drive-thru, ideal for redevelopment.
      507 N Elm St, Jefferson, IA 50129
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    • Contact for pricing
      0.16 Acres

      Residential Lot Near Head Park

      Corner lot suitable for building a home near Head Park.
      1002 N Pinet St, Jefferson, IA 50129
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    • $225,000

      Jefferson Land Parcel with Development Potential

      8.42 acres near downtown Jefferson, ideal for development.
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      View Details
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    505 Lincoln Way
    Jefferson, IA 50129-2019
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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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