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    Property profile & analytics

    506 Main St Lewis, IA 51544-5536

    • Bars
    • 1,213 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 26, 2024
    $5,000
    Location Intelligence
    Property ID
    US25-0518269
    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

    • Bars

    Property Details for 506 Main St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    1,213 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    380020164001000
    APU
    380020164001000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewis
    County
    Cass
    State
    Iowa
    Longitude
    -95.0903
    Latitude
    41.3055

    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
    $206
    $1,230
    $9,670
    $10,900
    -
    $1,230
    $9,670
    $10,900

    Comparable in this City

    • Value Estimation by Request
      2,637 SF

      408 Main St

      BAR, TAVERN • 2,637 SF
      408 Main St, Lewis, IA 51544-5553
      View Details
    • Value Estimation by Request
      856 SF

      420 Main St

      SERVICE STATION (FULL SERVICE) • 856 SF
      420 Main St, Lewis, IA 51544
      View Details
    • Value Estimation by Request
      968 SF

      406 Main St

      RETAIL STORES (PERSONAL SERVICES) • 968 SF
      406 Main St, Lewis, IA 51544
      View Details
    • Value Estimation
      $430,000
      6,533 SF

      401 Main St

      WAREHOUSE, STORAGE • 6,533 SF
      401 Main St, Lewis, IA 51544-5552
      View Details
    • Value Estimation by Request
      0.07 Acres

      416 Main St

      COMMERCIAL (GENERAL) • 0.07 Acres
      416 Main St, Lewis, IA 51544-5553
      View Details
    • Value Estimation by Request

      411 Minnesota St

      COMMERCIAL (GENERAL)
      411 Minnesota St, Lewis, IA 51544
      View Details
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    506 Main St
    Lewis, IA 51544-5536
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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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