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    Property profile & analytics

    Merrill, IA 51038

    • Gas stations
    • 831 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2289911
    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

    • Gas stations

    Property Details

    Year built
    1952
    Lot size
    0.23 lot acres
    Property size
    831 SF
    Property type
    Gas stations
    APN
    18-11-107-007
    APU
    1811107007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merrill
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.2497
    Latitude
    42.7202

    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
    $312
    $25,250
    $15,860
    $41,110
    -
    $25,250
    $15,860
    $41,110

    Comparable in this City

    • Value Estimation
      $285,000
      1,397 SF

      507 1st St

      SERVICE STATION (FULL SERVICE) • 1,397 SF
      507 1st St, Merrill, IA 51038-5003
      View Details
    • Value Estimation by Request
      1,400 SF

      Merrill, IA 51038

      SERVICE STATION (FULL SERVICE) • 1,400 SF
      Merrill, IA 51038
      View Details
    • Value Estimation by Request
      1,800 SF

      Merrill, IA 51038

      AUTO REPAIR, GARAGE • 1,800 SF
      Merrill, IA 51038
      View Details
    • Value Estimation
      $375,000
      3,100 SF

      Merrill, IA 51038

      VEHICLE SALES, RENTALS • 3,100 SF
      Merrill, IA 51038
      View Details
    • Value Estimation by Request
      2,720 SF

      Merrill, IA 51038

      CONVENIENCE STORE • 2,720 SF
      Merrill, IA 51038
      View Details
    • Value Estimation by Request
      1,680 SF

      127 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      127 Main St, Merrill, IA 51038-7739
      View Details

    Similar Nearby for Sale

    • New
      $85,000
      0.06 Acres

      Merrill Commercial Building For Sale

      Commercial building in Merrill, Iowa, suitable for restaurant/bar.
      117 Main St, Merrill, IA 51038
      View Details
    • $68,000
      1.11 Acres

      Residential Land in Plymouth County

      Over an acre to build your dream home.
      4 Sweetwater Ct, Merrill, IA 51038
      View Details
    • $68,000
      1.10 Acres

      Residential Land in Merrill, Iowa

      Over an acre to build your dream home.
      1 Sweetwater Ct, Merrill, IA 51038
      View Details
    • $56,000
      1.01 Acres

      Residential Lot in Peaceful Cul-de-Sac

      Over one-acre lot perfect for building your dream home.
      16 Jade Ave, Merrill, IA 51038
      View Details
    • $68,000
      1.11 Acres

      Residential Land in Merrill, Iowa

      Over an acre to build your dream home.
      3 Sweetwater Ct, Merrill, IA 51038
      View Details
    • $58,000
      1.00 Acre

      Residential Lot in Peaceful Cul-de-Sac

      One-acre residential lot perfect for building a dream home.
      5 Jade Ave, Merrill, IA 51038
      View Details
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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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