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    Property profile & analytics

    Spencer, IA 51301

    • Commercial land
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0636818
    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

    • Commercial land

    Property Details

    Lot size
    0.62 lot acres
    Zone code
    C-2 HIGHWAY COMMERCIAL
    Property type
    Commercial land
    APN
    973736200017
    APU
    973736200017

    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
    -95.1507
    Latitude
    43.183
    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
    $0.00
    $3,880
    $0.00
    $3,880
    -
    $3,880
    $0.00
    $3,880

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      32nd W Ave

      VACANT COMMERCIAL LAND • 0.15 Acres
      32nd W Ave, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      41.00 Acres

      360th St

      VACANT COMMERCIAL LAND • 41.00 Acres
      360th St, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      33.34 Acres

      360th St

      VACANT COMMERCIAL LAND • 33.34 Acres
      360th St, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      4.32 Acres

      360th St

      VACANT COMMERCIAL LAND • 4.32 Acres
      360th St, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      0.05 Acres

      2365 370th St

      VACANT COMMERCIAL LAND • 0.05 Acres
      2365 370th St, Spencer, IA 51301-7480
      View Details
    • Value Estimation by Request
      0.63 Acres

      3rd W Ave

      VACANT COMMERCIAL LAND • 0.63 Acres
      3rd W Ave, Spencer, IA 51301
      View Details

    Similar Nearby for Sale

    • New
      $630,000
      1,536 SF

      Commercial Land Near Fairgrounds

      5.5 acres with dwelling and garage near Clay County Fairgrounds.
      1004 W 18Th St, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Land in Fairway Woods

      Residential lot in desirable neighborhood near Spencer Golf and Country Club.
      2002 22 Ave W, Spencer, IA 51301
      View Details
    • $34,900
      0.52 Acres

      Residential Lot in Fairway Woods

      Large, affordable residential lot in desirable Spencer, Iowa neighborhood.
      2008 22 Ave W, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.31 Acres

      Land in Fairway Woods

      Residential land for sale in Spencer, Iowa near golf course.
      2008 W 20Th St, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Lot Near Golf Course

      Residential lot available near Spencer Golf and Country Club.
      1808 22 Ave W, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.35 Acres

      Land Near Spencer Golf Club

      Residential land available near Spencer Golf & Country Club.
      2002 20 Ave W, Spencer, IA 51301
      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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