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    Property profile & analytics

    603 2nd St Victor, IA 52347-7708

    • Office buildings
    • 3,316 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0617594
    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 603 2nd St

    Year built
    1900
    Lot size
    0.15 lot acres
    Property size
    3,316 SF
    Property type
    Office buildings
    APN
    8630-0718-0
    APU
    863007180

    Description

    This exceptional 0.15-acre commercial lot presents a unique investment opportunity in the thriving town of Victor, Iowa. Located at 603 2nd Street, this property offers significant potential for a variety of commercial ventures. The generous 0.15-acre parcel provides ample space for development, allowing for flexibility in design and construction. Its strategic location within Victor ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a growing community. The asking price of $90,000 represents a compelling value for a property of this size and location. This is a blank canvas ready for your vision, whether it's a retail space, office building, or other commercial enterprise. The property's address, 603 2nd Street, places it within easy reach of local amenities and transportation routes, further enhancing its appeal. Don't miss this chance to secure a prime piece of commercial real estate in a vibrant and up-and-coming Iowa town. Act quickly, as opportunities like this are rare. The property is ready for immediate development, allowing for a swift return on investment. This is a truly exceptional opportunity for savvy investors and entrepreneurs alike.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Victor
    County
    Iowa
    State
    Iowa
    Longitude
    -92.2972
    Latitude
    41.7316

    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
    $582
    $8,100
    $23,920
    $32,020
    -
    $8,100
    $23,920
    $32,020

    Comparable in this City

    • Value Estimation by Request
      836 SF

      507 3rd St

      PROFESSIONAL BUILDING • 836 SF
      507 3rd St, Victor, IA 52347-7717
      View Details
    • Value Estimation by Request
      5,178 SF

      2123 B Ave

      OFFICE BUILDING • 5,178 SF
      2123 B Ave, Victor, IA 52347
      View Details
    • Value Estimation by Request
      4,048 SF

      211 Washington St

      OFFICE BUILDING • 4,048 SF
      211 Washington St, Victor, IA 52347
      View Details
    • Value Estimation by Request
      1,295 SF

      220 Washington St

      PROFESSIONAL BUILDING • 1,295 SF
      220 Washington St, Victor, IA 52347-7778
      View Details
    • Value Estimation by Request
      3,988 SF

      702 3rd St

      PROFESSIONAL BUILDING • 3,988 SF
      702 3rd St, Victor, IA 52347-7719
      View Details
    • Value Estimation
      $2,030,000
      140 SF

      1st St

      OFFICE BUILDING • 140 SF
      1st St, Victor, IA 52347
      View Details
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    603 2nd St
    Victor, IA 52347-7708
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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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