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    Property profile & analytics

    700 Norwood Dr Algona, IA 50511

    • Warehouses
    • 6,400 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 07, 2022
    $5,000
    Location Intelligence
    Property ID
    US25-0060941
    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 700 Norwood Dr

    Year built
    2022
    Lot size
    0.73 lot acres
    Property size
    6,400 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    22-02-227-015
    APU
    2202227015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algona
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.2278
    Latitude
    43.0828

    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
    $0.00
    $31,500
    $212,205
    $243,705
    -
    $31,500
    $212,205
    $243,705

    Comparable in this City

    • Value Estimation by Request
      4,628 SF

      218 Lantry St

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      4,032 SF

      1411 Clarke St

      MINI-WAREHOUSE, STORAGE • 4,032 SF
      1411 Clarke St, Algona, IA 50511
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      $235,000
      4,800 SF

      2008 Oak St

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      2008 Oak St, Algona, IA 50511
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    • Value Estimation
      $235,000
      6,750 SF

      607 Sample St

      MINI-WAREHOUSE, STORAGE • 6,750 SF
      607 Sample St, Algona, IA 50511
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    • Value Estimation
      $380,000
      8,000 SF

      810 Main St

      MINI-WAREHOUSE, STORAGE • 8,000 SF
      810 Main St, Algona, IA 50511-1936
      View Details
    • Value Estimation by Request
      2,730 SF

      806 Hwy 18

      MINI-WAREHOUSE, STORAGE • 2,730 SF
      806 Hwy 18, Algona, IA 50511-7167
      View Details

    Similar Nearby for Sale

    • $119,000

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      Two-year-old storage facility with concrete floor and overhead door.
      1008 E Nebraska St, Algona, IA 50511
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    • New
      $79,000
      Pending

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      Commercial space with street access, suitable for various businesses.
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      Commercial building with multiple offices near Kossuth County courthouse.
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      Prime Commercial Property in Algona

      High-visibility commercial property with flexible layouts in Algona, Iowa.
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    • Contact for pricing
      0.34 Acres

      Corner Lot in Algona, Iowa

      Residential corner lot available in Algona, Iowa.
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    Similar Nearby for Lease

    • $8 SF/Yr
      5,600 SF

      Algona Plaza Retail Space Available

      Prime Kossuth County retail space, multiple units.
      1500 Us-169, Algona, IA 50511
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    • Contact for pricing
      2,636 SF

      Former Restaurant with Drive-Thru

      2,636 SF former restaurant space available for sublease.
      1513 Highway 169 N, Algona, IA 50511
      View Details
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    700 Norwood Dr
    Algona, IA 50511
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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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