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    Property profile & analytics

    624 Franklin St Pella, IA 50219-1618

    • Retail space
    • 3,360 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Jun 22, 2020
    $222,000
    Location Intelligence
    Property ID
    US25-0707123
    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

    • Adorn Clothing Co. / Boutique

    Property Details for 624 Franklin St

    Year built
    1900
    Lot size
    0.05 lot acres
    Property size
    3,360 SF
    Property type
    Retail space
    APN
    1502200000
    APU
    1502200000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pella
    County
    Marion
    State
    Iowa
    Longitude
    -92.9158
    Latitude
    41.407
    CBSA code
    37800
    CBSA name
    PELLA, IA MICROPOLITAN STATISTICAL AREA

    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
    $7,248
    $22,220
    $301,790
    $324,010
    -
    $22,220
    $301,790
    $324,010

    Comparable in this City

    • Value Estimation by Request
      644 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 644 SF
      102 Main St, Pella, IA 50219-2147
      View Details
    • Value Estimation by Request
      8,028 SF

      910 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 8,028 SF
      910 Washington St, Pella, IA 50219-1504
      View Details
    • Value Estimation
      $485,000
      9,752 SF

      516 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 9,752 SF
      516 Franklin St, Pella, IA 50219
      View Details
    • Value Estimation
      $310,000
      4,708 SF

      609 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 4,708 SF
      609 Franklin St, Pella, IA 50219-1617
      View Details
    • Value Estimation
      $210,000
      4,324 SF

      711 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 4,324 SF
      711 Franklin St, Pella, IA 50219-1619
      View Details
    • Value Estimation
      $320,000
      3,772 SF

      627 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 3,772 SF
      627 Franklin St, Pella, IA 50219-1617
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
      1,819 SF

      Retail Space Near National Brands

      Retail space with high visibility and ample parking available for lease.
      1808 Washington St, Pella, IA 50219
      View Details
    • Contact for pricing

      Commercial Outlot for Lease

      1.05 acre commercial outlot suitable for various businesses.
      Washington St, Pella, IA 50219
      View Details
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    624 Franklin St
    Pella, IA 50219-1618
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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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