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    Property profile & analytics

    506 Market St Harlan, IA 51537-1411

    • Retail space
    • 4,818 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $40,000
    Last Sale
    Jun 12, 2020
    $50,000
    Location Intelligence
    Property ID
    US25-1557068
    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

    • Dillan Hamilton - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 506 Market St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.12 lot acres
    Property size
    4,818 SF
    Property type
    Retail space
    APN
    833112042110
    APU
    833112042110

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harlan
    County
    Shelby
    State
    Iowa
    Longitude
    -95.3169
    Latitude
    41.6588

    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
    $1,724
    $8,800
    $86,217
    $95,017
    -
    $8,800
    $86,217
    $95,017

    Comparable in this City

    • Value Estimation by Request
      2,539 SF

      520 Market St

      RETAIL STORES (PERSONAL SERVICES) • 2,539 SF
      520 Market St, Harlan, IA 51537-1411
      View Details
    • Value Estimation by Request
      3,720 SF

      618 Market St

      RETAIL STORES (PERSONAL SERVICES) • 3,720 SF
      618 Market St, Harlan, IA 51537-1412
      View Details
    • Value Estimation
      $70,000
      390 SF

      1106 6th St

      RETAIL STORES (PERSONAL SERVICES) • 390 SF
      1106 6th St, Harlan, IA 51537-1431
      View Details
    • Value Estimation by Request
      960 SF

      2308 12th St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      2308 12th St, Harlan, IA 51537-2002
      View Details
    • Value Estimation
      $195,000
      5,540 SF

      1018 6th St

      RETAIL STORES (PERSONAL SERVICES) • 5,540 SF
      1018 6th St, Harlan, IA 51537-1430
      View Details
    • Value Estimation
      $185,000
      2,980 SF

      1005 7th St

      RETAIL STORES (PERSONAL SERVICES) • 2,980 SF
      1005 7th St, Harlan, IA 51537-1306
      View Details
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    506 Market St
    Harlan, IA 51537-1411
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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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