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    Property profile & analytics

    518 2nd St Cherokee, IA 51012-1836

    • Investment properties
    • 3,936 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Jul 12, 2024
    Location Intelligence
    Property ID
    US25-0706236
    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

    • Investment properties

    Property Details for 518 2nd St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    3,936 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    727406006
    APU
    727406006

    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
    -95.5506
    Latitude
    42.7549

    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
    $2,342
    $13,110
    $125,970
    $139,080
    -
    $13,110
    $125,970
    $139,080

    Comparable in this City

    • Value Estimation
      $370,000
      23,118 SF

      231 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 23,118 SF
      231 Main St, Cherokee, IA 51012-1838
      View Details
    • Value Estimation by Request
      3,804 SF

      427 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,804 SF
      427 Main St, Cherokee, IA 51012-1734
      View Details
    • Value Estimation by Request
      8,626 SF

      201 5th St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,626 SF
      201 5th St, Cherokee, IA 51012-1731
      View Details
    • Value Estimation
      $80,000
      15,000 SF

      101 Main St

      STORE/OFFICE (MIXED USE) • 15,000 SF
      101 Main St, Cherokee, IA 51012-1849
      View Details
    • Value Estimation by Request
      0.19 Acres

      330 Beech St

      COMMERCIAL (GENERAL) • 0.19 Acres
      330 Beech St, Cherokee, IA 51012
      View Details
    • Value Estimation by Request
      0.92 Acres

      205 Indian St

      COMMERCIAL (GENERAL) • 0.92 Acres
      205 Indian St, Cherokee, IA 51012-1100
      View Details

    Similar Nearby for Sale

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      Cherokee Commercial Land Opportunity

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      Residential lot in established Cherokee neighborhood, suitable for building.
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    • $68,000
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      Commercial Lot in Cherokee, Iowa

      Commercial lot with powered shed, ideal for local business.
      315 S 5Th St, Cherokee, IA 51012
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    • $150,000
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      Cherokee Multi-Unit Investment Opportunity

      Duplex with new roof, siding, windows, and flooring.
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      Residential lot available in established Cherokee neighborhood.
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    518 2nd St
    Cherokee, IA 51012-1836
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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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