Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5116 Hwy 3rd 3 Cherokee, IA 51012-7163

    • Office buildings
    • 1,536 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US25-0913043
    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 5116 Hwy 3rd 3

    Year built
    1967
    Lot size
    1.30 lot acres
    Property size
    1,536 SF
    Property type
    Office buildings
    APN
    722176001
    APU
    722176001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.5587
    Latitude
    42.7757

    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
    $32,500
    $104,310
    $136,810
    -
    $32,500
    $104,310
    $136,810

    Comparable in this City

    • Value Estimation by Request
      340 SF

      103 Washburn Rd

      OFFICE BUILDING • 340 SF
      103 Washburn Rd, Cherokee, IA 51012
      View Details
    • Value Estimation by Request
      5,280 SF

      209 Centennial Dr Ste B

      OFFICE BUILDING • 5,280 SF
      209 Centennial Dr Ste B, Cherokee, IA 51012-2243
      View Details
    • Value Estimation by Request
      3,627 SF

      301 2nd St

      OFFICE BUILDING • 3,627 SF
      301 2nd St, Cherokee, IA 51012-1834
      View Details
    • Value Estimation by Request
      1,508 SF

      111 2nd St

      OFFICE BUILDING • 1,508 SF
      111 2nd St, Cherokee, IA 51012-1839
      View Details
    • Value Estimation
      $205,000
      2,100 SF

      312 2nd St

      PROFESSIONAL BUILDING • 2,100 SF
      312 2nd St, Cherokee, IA 51012-1835
      View Details
    • Value Estimation
      $365,000
      5,280 SF

      209 Centennial Dr, Unit 1

      PROFESSIONAL BUILDING • 5,280 SF
      209 Centennial Dr, Cherokee, IA 51012-2243
      View Details

    Similar Nearby for Sale

    • $250,000
      0.11 Acres

      Cherokee Commercial Building For Sale

      Well-maintained commercial building with equipment and furnishings included.
      119 E Main St, Cherokee, IA 51012
      View Details
    • $103,550
      2.18 Acres

      Cherokee Commercial Land Opportunity

      2.18 acre commercial land available in Cherokee, Iowa.
      1482 S 2Nd St, Cherokee, IA 51012
      View Details
    • New
      Contact for pricing
      0.21 Acres

      Residential Lot in Cherokee, IA

      Residential lot in established Cherokee neighborhood, suitable for building.
      704 W Cedar St, Cherokee, IA 51012
      View Details
    • $68,000
      0.40 Acres

      Commercial Lot in Cherokee, Iowa

      Commercial lot with powered shed, ideal for local business.
      315 S 5Th St, Cherokee, IA 51012
      View Details
    • $150,000
      1,952 SF

      Cherokee Multi-Unit Investment Opportunity

      Duplex with new roof, siding, windows, and flooring.
      222 W Elm St, Cherokee, IA 51012
      View Details
    • New
      Contact for pricing
      0.21 Acres

      Residential Lot in Cherokee, IA

      Residential lot available in established Cherokee neighborhood.
      708 W Cedar St, Cherokee, IA 51012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5116 Hwy 3rd 3
    Cherokee, IA 51012-7163
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.