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    Property profile & analytics

    605 2nd St Lewis, IA 51544

    • Warehouses
    • 2,856 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0953309
    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

    • Warehouses

    Property Details for 605 2nd St

    Year built
    2003
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    2,856 SF
    Property type
    Warehouses
    APN
    380008559001002
    APU
    380008559001002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewis
    County
    Cass
    State
    Iowa
    Longitude
    -95.0825
    Latitude
    41.3084

    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
    $660
    $3,540
    $31,950
    $35,490
    -
    $3,540
    $31,950
    $35,490

    Comparable in this City

    • Value Estimation
      $430,000
      6,533 SF

      401 Main St

      WAREHOUSE, STORAGE • 6,533 SF
      401 Main St, Lewis, IA 51544-5552
      View Details
    • Value Estimation by Request
      1,218 SF

      311 1st St

      MINI-WAREHOUSE, STORAGE • 1,218 SF
      311 1st St, Lewis, IA 51544
      View Details
    • Value Estimation
      $425,000
      14,400 SF

      57680 Lewis Rd

      WAREHOUSE, STORAGE • 14,400 SF
      57680 Lewis Rd, Lewis, IA 51544-5102
      View Details
    • Value Estimation by Request
      2,560 SF

      62799 577th St

      WAREHOUSE, STORAGE • 2,560 SF
      62799 577th St, Lewis, IA 51544-5013
      View Details
    • Value Estimation by Request
      2,371 SF

      603 Main St

      WAREHOUSE, STORAGE • 2,371 SF
      603 Main St, Lewis, IA 51544
      View Details
    • Value Estimation by Request
      9,190 SF

      404 Market St

      WAREHOUSE, STORAGE • 9,190 SF
      404 Market St, Lewis, IA 51544
      View Details
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    605 2nd St
    Lewis, IA 51544
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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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