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    835 240th NE St North Liberty, IA 52317-8544
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    Property profile & analytics

    835 240th NE St, North Liberty, IA 52317-8544

    View on Map

    • Warehouses
    • 15,000 SF
    • 5.52 lot acres
    Off-Market
    Property ID
    US25-2413288
    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.

    Value Estimations
    $2,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Linn County Rural Electric Cooperative / Electric Utility Company

    Property Details for 835 240th NE St

    Year built
    1994
    Lot size
    5.52 lot acres
    Property type
    Warehouses
    APN
    612202001
    APU
    612202001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 20, 2019 $560,000 Linn County Electric Cooperative As Thomas D Heiken Warranty Deed —
    Jun 11, 2015 — Linn Cnty Rural Electric Cooperativ Corridor Development INC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,950,000
      6.5%
      $1,800,000
      7%
      $1,670,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,113,000
      Market price range: $1.05M - $2.17M
      AI Estimate
      $2,596,000
      Market price range: $880k - $3.37M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,620,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,745,000
      Change: +69% Conversion: Moderate
      RETAIL STORES
      $2,360,000
      Change: +45% Conversion: Moderate
      OFFICE BUILDING
      $1,935,000
      Change: +19% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,645,000
      Change: +1% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,400,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Liberty
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6106
    Latitude
    41.7588
    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
    $47,932
    $865,600
    $633,100
    $1,498,700
    -
    $865,600
    $633,100
    $1,498,700
    More about this property
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