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    Property profile & analytics

    507 Locust St Glenwood, IA 51534-1828

    • Retail space
    • 768 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Aug 01, 2024
    $62,000
    Location Intelligence
    Property ID
    US25-1421163
    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

    • Hendrix Taxidermy Studio / Taxidermist

    Property Details for 507 Locust St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    768 SF
    Property type
    Retail space
    APN
    56470000000000
    APU
    56470000000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Mills
    State
    Iowa
    Longitude
    -95.7441
    Latitude
    41.0413
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    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
    $1,022
    $17,577
    $41,667
    $59,244
    -
    $17,577
    $41,667
    $59,244

    Comparable in this City

    • Value Estimation by Request
      4,041 SF

      2 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 4,041 SF
      2 Walnut St, Glenwood, IA 51534-1739
      View Details
    • Value Estimation
      $235,000
      2,550 SF

      405 Sharp St

      RETAIL STORES (PERSONAL SERVICES) • 2,550 SF
      405 Sharp St, Glenwood, IA 51534-1729
      View Details
    • Value Estimation by Request
      7,171 SF

      1201 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 7,171 SF
      1201 Locust St, Glenwood, IA 51534-1872
      View Details
    • Value Estimation by Request
      1,968 SF

      4 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 1,968 SF
      4 Walnut St, Glenwood, IA 51534-1739
      View Details
    • Value Estimation
      $205,000
      2,116 SF

      411 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,116 SF
      411 Locust St, Glenwood, IA 51534-1826
      View Details
    • Value Estimation
      $215,000
      3,744 SF

      405 Nuckolls St

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      405 Nuckolls St, Glenwood, IA 51534-1920
      View Details

    Similar Nearby for Sale

    • $750,000
      1,250 SF

      Established Business with Real Estate

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    • $1,599,000
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      Retail Property in Glenwood, Iowa

      Retail property with high visibility and strong co-tenants.
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      Glenwood, Iowa Vacant Land

      2.52 acres of vacant land for sale.
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      Secluded wooded land ideal for homesite or getaway near Glenwood.
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    Glenwood, IA 51534-1828
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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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