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    Property profile & analytics

    Norway, IA 52318

    • Office buildings
    • 4,453 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US25-1256714
    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

    • Office buildings

    Property Details

    Year built
    1980
    Lot size
    0.30 lot acres
    Property size
    4,453 SF
    Property type
    Office buildings
    APN
    17010100
    APU
    17010100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norway
    County
    Benton
    State
    Iowa
    Longitude
    -91.9236
    Latitude
    41.9031
    CBSA code
    16300
    CBSA name
    CEDAR RAPIDS, 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
    $11,424
    $16,300
    $434,000
    $450,300
    -
    $16,300
    $434,000
    $450,300

    Comparable in this City

    • Value Estimation by Request
      912 SF

      112 Railroad St

      OFFICE BUILDING • 912 SF
      112 Railroad St, Norway, IA 52318-9586
      View Details
    • Value Estimation by Request
      2,224 SF

      213 Tuttle St

      OFFICE BUILDING • 2,224 SF
      213 Tuttle St, Norway, IA 52318-9596
      View Details
    • Value Estimation
      $205,000
      1,960 SF

      100 Railroad St

      OFFICE BUILDING • 1,960 SF
      100 Railroad St, Norway, IA 52318-9586
      View Details
    • Value Estimation by Request
      5,398 SF

      3021 78th St

      MEDICAL BUILDING • 5,398 SF
      3021 78th St, Norway, IA 52318-9520
      View Details
    • Value Estimation by Request
      2,700 SF

      Norway, IA 52318

      LIGHT INDUSTRIAL • 2,700 SF
      Norway, IA 52318
      View Details
    • Value Estimation by Request
      792 SF

      Norway, IA 52318

      COMMERCIAL (GENERAL) • 792 SF
      Norway, IA 52318
      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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