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    Property profile & analytics

    506 1st NW Ave Hampton, IA 50441

    • Office buildings
    • 11,000 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US25-1832868
    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

    • Office buildings

    Property Details for 506 1st NW Ave

    Year built
    1986
    Lot size
    0.19 lot acres
    Property size
    11,000 SF
    Property type
    Office buildings
    APN
    73314000700
    APU
    73314000700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Franklin
    State
    Iowa
    Longitude
    -93.214
    Latitude
    42.7424

    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
    $18,000
    $356,100
    $374,100
    -
    $18,000
    $356,100
    $374,100

    Comparable in this City

    • Value Estimation by Request
      1,974 SF

      5 1st NW Ave

      OFFICE BUILDING • 1,974 SF
      5 1st NW Ave, Hampton, IA 50441-1703
      View Details
    • Value Estimation by Request
      700 SF

      306 4th NE St

      OFFICE BUILDING • 700 SF
      306 4th NE St, Hampton, IA 50441-1548
      View Details
    • Value Estimation by Request
      4,344 SF

      305 6th SE Ave

      OFFICE BUILDING • 4,344 SF
      305 6th SE Ave, Hampton, IA 50441-2647
      View Details
    • Value Estimation by Request
      2,520 SF

      3 1st NW Ave

      OFFICE BUILDING • 2,520 SF
      3 1st NW Ave, Hampton, IA 50441-1703
      View Details
    • Value Estimation
      $350,000
      4,070 SF

      2 1st NW St

      PROFESSIONAL BUILDING • 4,070 SF
      2 1st NW St, Hampton, IA 50441-1902
      View Details
    • Value Estimation by Request
      1,056 SF

      1202 4th NE St

      OFFICE BUILDING • 1,056 SF
      1202 4th NE St, Hampton, IA 50441-1102
      View Details

    Similar Nearby for Sale

    • $649,000
      4,500 SF

      Turn-Key Fitness Center Office Building

      Multi-use commercial building with built-in income and growth potential.
      808 4Th St NE, Hampton, IA 50441
      View Details
    • $649,000
      118,240 SF

      Hampton Warehouse - 118,240 SF

      Massive Industrial Warehouse, 18 Acres
      1105 4Th St, Hampton, IA 50441
      View Details
    • Contact for pricing
      1.25 Acres

      Hampton Land with Pond

      1.25 acre lot with pond on the east edge.
      11Th St SE, Hampton, IA 50441
      View Details
    • $170,000
      2.48 Acres

      Hampton Land for Townhomes

      2.48 acres of land with utilities for townhomes.
      5 Armory Ln, Hampton, IA 50441
      View Details
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    506 1st NW Ave
    Hampton, IA 50441
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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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