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    Property profile & analytics

    640 Washington St Pella, IA 50219-1539

    • Banks
    • 3,462 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0717137
    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

    • Bank Iowa - Pella / Bank / Atm

    Property Details for 640 Washington St

    Year built
    2018
    Lot size
    0.33 lot acres
    Property size
    3,462 SF
    Property type
    Banks
    APN
    1521600500
    APU
    1521600500

    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
    -92.916
    Latitude
    41.4083
    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
    $35,022
    $158,580
    $1,128,360
    $1,286,940
    -
    $158,580
    $1,128,360
    $1,286,940

    Comparable in this City

    • Value Estimation
      $325,000
      2,149 SF

      712 Washington St

      FINANCIAL BUILDING • 2,149 SF
      712 Washington St, Pella, IA 50219-1523
      View Details
    • Value Estimation by Request
      14,519 SF

      800 Main St

      FINANCIAL BUILDING • 14,519 SF
      800 Main St, Pella, IA 50219-1522
      View Details
    • Value Estimation by Request
      11,630 SF

      801 Broadway St

      FINANCIAL BUILDING • 11,630 SF
      801 Broadway St, Pella, IA 50219-1521
      View Details
    • Value Estimation by Request
      20,978 SF

      Pella, IA 50219

      FINANCIAL BUILDING • 20,978 SF
      Pella, IA 50219
      View Details
    • Value Estimation by Request
      3,783 SF

      500 Main St

      FINANCIAL BUILDING • 3,783 SF
      500 Main St, Pella, IA 50219-1832
      View Details
    • Value Estimation by Request
      2,357 SF

      840 Washington St

      FINANCIAL BUILDING • 2,357 SF
      840 Washington St, Pella, IA 50219
      View Details

    Similar Nearby for Sale

    • $4,400,000
      34,360 SF

      Pella Marketplace: Retail Investment

      Walmart-shadowed retail center, high occupancy.
      1514 Washington St, Pella, IA 50219
      View Details
    • Contact for pricing
      1.05 Acres

      Pella, IA Commercial Outlot

      Prime 1.05-acre outlot near Walmart.
      1650 Washington St, Pella, IA 50219
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    • $1,000,000

      Versatile Commercial Building in Pella

      38,693 SF building suitable for office, warehouse, storage, shop.
      309 & 322 St South, Pella, IA 50219
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    • $1,250,000
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      Pella Commercial Property: Prime Location

      Versatile building, ample space, great location.
      309 & 322 St, Pella, IA 50219
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    • $139,900
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      Scenic Acreage Lots in Pella

      Expansive lots with views, near downtown Pella!
      Tbd 231 Pl, Pella, IA 50219
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    • $83,900
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      Scenic Acreage Lots in Pella

      Expansive homesites with breathtaking views near downtown Pella, Iowa.
      Tbd 233 Pl, Pella, IA 50219
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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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    640 Washington St
    Pella, IA 50219-1539
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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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