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    Property profile & analytics

    615 Railroad St Iowa Falls, IA 50126-2209

    • Office buildings
    • 1,537 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US25-2196604
    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 615 Railroad St

    Year built
    1962
    Lot size
    0.20 lot acres
    Property size
    1,537 SF
    Property type
    Office buildings
    APN
    892113439002
    APU
    892113439002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iowa Falls
    County
    Hardin
    State
    Iowa
    Longitude
    -93.2649
    Latitude
    42.5184

    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
    $3,720
    $8,250
    $165,380
    $173,630
    -
    $8,250
    $165,380
    $173,630

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      1349 75th St

      OFFICE BUILDING • 1,200 SF
      1349 75th St, Iowa Falls, IA 50126
      View Details
    • Value Estimation by Request
      448 SF

      331 Cadet Rd

      OFFICE BUILDING • 448 SF
      331 Cadet Rd, Iowa Falls, IA 50126-1000
      View Details
    • Value Estimation by Request
      1,518 SF

      316 Stevens St

      PROFESSIONAL BUILDING • 1,518 SF
      316 Stevens St, Iowa Falls, IA 50126-2213
      View Details
    • Value Estimation by Request
      3,256 SF

      712 Washington Ave

      PROFESSIONAL BUILDING • 3,256 SF
      712 Washington Ave, Iowa Falls, IA 50126-2115
      View Details
    • Value Estimation by Request
      3,520 SF

      615 Washington Ave

      PROFESSIONAL BUILDING • 3,520 SF
      615 Washington Ave, Iowa Falls, IA 50126-2216
      View Details
    • Value Estimation
      $440,000
      2,954 SF

      503 Washington Ave

      PROFESSIONAL BUILDING • 2,954 SF
      503 Washington Ave, Iowa Falls, IA 50126-2215
      View Details

    Similar Nearby for Sale

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    • $95,000
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      Iowa Falls Commercial Property For Sale

      Highly visible commercial property ideal for retail, automotive, or redevelopment.
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    • New
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    • Contact for pricing

      Residential Lots Near Downtown

      Residential land for building a home near downtown Iowa Falls.
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      Iowa Falls Triplex Investment Opportunity

      Triplex with three units and potential for a fourth.
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      3,600 sqft industrial building perfect for business or storage.
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    615 Railroad St
    Iowa Falls, IA 50126-2209
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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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