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    Property profile & analytics

    506 Milwaukee St New Hampton, IA 50659-1106

    • Office buildings
    • 1,600 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Jun 23, 2022
    $175,000
    Location Intelligence
    Property ID
    US25-0731449
    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 Milwaukee St

    Year built
    1974
    Lot size
    0.35 lot acres
    Property size
    1,600 SF
    Property type
    Office buildings
    APN
    19-11-12-2-26-012
    APU
    191112226012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $150,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $140,000
      Mixed-Use
      $160,000
      Hospitality
      $135,000
      Educational
      $165,000
      Residential Income
      $155,000
      Energy
      $155,000
      Income-Based Land
      $165,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Chickasaw
    State
    Iowa
    Longitude
    -92.3221
    Latitude
    43.0664

    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
    $1,466
    $0.00
    $0.00
    $298,700
    -
    $0.00
    $0.00
    $298,700

    Comparable in this City

    • Value Estimation
      $105,000
      12,496 SF

      18 Main St

      OFFICE BUILDING • 12,496 SF
      18 Main St, New Hampton, IA 50659-2142
      View Details
    • Value Estimation
      $220,000
      8,634 SF

      2363 Linn Ave

      OFFICE BUILDING • 8,634 SF
      2363 Linn Ave, New Hampton, IA 50659-9411
      View Details
    • Value Estimation
      $325,000
      3,244 SF

      121 Main St

      PROFESSIONAL BUILDING • 3,244 SF
      121 Main St, New Hampton, IA 50659-2003
      View Details
    • Value Estimation
      $180,000
      3,360 SF

      9 Spg St

      OFFICE BUILDING • 3,360 SF
      9 Spg St, New Hampton, IA 50659-2131
      View Details
    • Value Estimation by Request
      4,087 SF

      New Hampton, IA 50659

      OFFICE BUILDING • 4,087 SF
      New Hampton, IA 50659
      View Details
    • Value Estimation by Request
      2,300 SF

      516 Linn Ave

      OFFICE BUILDING • 2,300 SF
      516 Linn Ave, New Hampton, IA 50659-2035
      View Details
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    506 Milwaukee St
    New Hampton, IA 50659-1106
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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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