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

    616 6th Ave Grinnell, IA 50112-1941

    • Individual retail properties
    • 1,430 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US25-0295420
    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

    • Individual retail properties

    Property Details for 616 6th Ave

    Year built
    1985
    Lot size
    0.08 lot acres
    Property size
    1,430 SF
    Property type
    Individual retail properties
    APN
    518900
    APU
    518900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.728
    Latitude
    41.7459

    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
    $1,910
    $14,880
    $101,040
    $115,920
    -
    $14,880
    $101,040
    $115,920

    Comparable in this City

    • Value Estimation
      $270,000
      2,800 SF

      805 Ww St

      LAUNDROMAT (SELF-SERVICE) • 2,800 SF
      805 Ww St, Grinnell, IA 50112-2111
      View Details
    • Value Estimation by Request
      1,000 SF

      819 Commercial St

      BARBER, HAIR SALON • 1,000 SF
      819 Commercial St, Grinnell, IA 50112-2144
      View Details
    • Value Estimation by Request
      640 SF

      415 6th Ave

      BARBER, HAIR SALON • 640 SF
      415 6th Ave, Grinnell, IA 50112-1955
      View Details
    • Value Estimation by Request
      816 SF

      818 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 816 SF
      818 5th Ave, Grinnell, IA 50112-1652
      View Details
    • Value Estimation by Request
      5,200 SF

      635 Lang Crk Ave

      CONVENIENCE STORE • 5,200 SF
      635 Lang Crk Ave, Grinnell, IA 50112-8173
      View Details
    • Value Estimation by Request
      27,006 SF

      820 Ww St

      RETAIL STORES (PERSONAL SERVICES) • 27,006 SF
      820 Ww St, Grinnell, IA 50112-2110
      View Details

    Similar Nearby for Sale

    • $215,000
      0.14 Acres

      Mixed-Use Investment Opportunity in Grinnell

      Fully occupied mixed-use property with commercial and residential tenants.
      705 West St, Grinnell, IA 50112
      View Details
    • $775,000
      0.36 Acres

      Mixed-Use Investment in Downtown Grinnell

      Mixed-use property with residential and commercial units in Grinnell, IA.
      914 Main St, Grinnell, IA 50112
      View Details
    • $1,196,563
      5.93 Acres

      Prime Development Land on Highway

      5.93 acres on I-80 development corridor in Grinnell, Iowa.
      2048 West St S, Grinnell, IA 50112
      View Details
    • $850,000
      6,280 SF

      Historic Downtown Grinnell Investment Property

      Nine-unit historic building in downtown Grinnell, near Grinnell College.
      937 Broad St, Grinnell, IA 50112
      View Details
    • $354,900
      0.29 Acres

      Renovated Multi-Unit Rental Property

      Updated five-unit apartment building near Grinnell College and downtown.
      920 High St, Grinnell, IA 50112
      View Details
    • $433,500
      3.32 Acres

      Grinnell Commercial Land Investment

      Prime 3.32-acre commercial lot near Hy-Vee.
      0 Grinnell Hy-Vee, Grinnell, IA 50112
      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.
    616 6th Ave
    Grinnell, IA 50112-1941
    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.