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    Property profile & analytics

    723 5th St Solon, IA 52333-9523

    • Assisted living facilities
    • 1,876 SF
    • 3.61 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US25-2278697
    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

    • Assisted living facilities

    Property Details for 723 5th St

    Year built
    2012
    Construction
    FRAME
    Lot size
    3.61 lot acres
    Property size
    1,876 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    225135001
    APU
    225135001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Solon
    County
    Johnson
    State
    Iowa
    Longitude
    -91.488
    Latitude
    41.8015
    CBSA code
    26980
    CBSA name
    IOWA CITY, IA METROPOLITAN 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
    $12,474
    $719,945
    $37,060
    $757,005
    -
    $719,945
    $37,060
    $757,005

    Comparable in this City

    • Value Estimation by Request
      3,783 SF

      Solon, IA 52333

      HOMES (RETIRED, NURSING) • 3,783 SF
      Solon, IA 52333
      View Details
    • Value Estimation by Request
      5,495 SF

      Solon, IA 52333

      HOMES (RETIRED, NURSING) • 5,495 SF
      Solon, IA 52333
      View Details
    • Value Estimation by Request
      20,259 SF

      523 5th St

      HOMES (RETIRED, NURSING) • 20,259 SF
      523 5th St, Solon, IA 52333-9620
      View Details
    • Value Estimation by Request
      8,224 SF

      623 5th St

      HOMES (RETIRED, NURSING) • 8,224 SF
      623 5th St, Solon, IA 52333-9519
      View Details
    • Value Estimation by Request
      2,584 SF

      401 Haganman Ln

      MEDICAL BUILDING • 2,584 SF
      401 Haganman Ln, Solon, IA 52333-9760
      View Details
    • Value Estimation
      $335,000
      2,828 SF

      510 Main St

      MEDICAL BUILDING • 2,828 SF
      510 Main St, Solon, IA 52333-9782
      View Details

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    • $280,000
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    723 5th St
    Solon, IA 52333-9523
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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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