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    Property profile & analytics

    811 2nd SE Ave Spencer, IA 51301-5709

    • Individual retail properties
    • 432 SF
    • 2.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 07, 2021
    Location Intelligence
    Property ID
    US25-2455402
    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 811 2nd SE Ave

    Year built
    2002
    Construction
    FRAME
    Lot size
    2.12 lot acres
    Property size
    432 SF
    Property type
    Individual retail properties
    APN
    963618379029
    APU
    963618379029

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1424
    Latitude
    43.1298
    CBSA code
    43980
    CBSA name
    SPENCER, 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
    $16,640
    $115,370
    $960,640
    $1,076,010
    -
    $115,370
    $960,640
    $1,076,010

    Comparable in this City

    • Value Estimation
      $1,095,000
      544 SF

      100 12th SW St

      LAUNDROMAT (SELF-SERVICE) • 544 SF
      100 12th SW St, Spencer, IA 51301-5845
      View Details
    • Value Estimation
      $75,000
      478 SF

      17 5th St

      BARBER, HAIR SALON • 478 SF
      17 5th St, Spencer, IA 51301-4022
      View Details
    • Value Estimation
      $210,000
      5,960 SF

      2512 Hwy Blvd

      GYM, HEALTH SPA • 5,960 SF
      2512 Hwy Blvd, Spencer, IA 51301-2104
      View Details
    • Value Estimation
      $170,000
      3,192 SF

      10 4th St

      BARBER, HAIR SALON • 3,192 SF
      10 4th St, Spencer, IA 51301-4009
      View Details
    • Value Estimation
      $185,000
      1,700 SF

      407 1st E Ave

      BARBER, HAIR SALON • 1,700 SF
      407 1st E Ave, Spencer, IA 51301-4002
      View Details
    • Value Estimation
      $150,000
      5,000 SF

      417 Grand Ave

      BARBER, HAIR SALON • 5,000 SF
      417 Grand Ave, Spencer, IA 51301-4026
      View Details

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    811 2nd SE Ave
    Spencer, IA 51301-5709
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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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