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    Property profile & analytics

    Us Hwy 71 Lake View, IA 51450

    • Auto shops
    • 8,912 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US25-1660748
    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

    • Auto shops

    Property Details for Us Hwy 71

    Year built
    1938
    Lot size
    1.00 lot acres
    Property size
    8,912 SF
    Property type
    Auto shops
    APN
    811029400004
    APU
    811029400004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $265,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $230,000
      Mixed-Use
      $235,000
      Hospitality
      $280,000
      Educational
      $305,000
      Residential Income
      $250,000
      Energy
      $275,000
      Income-Based Land
      $220,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake View
    County
    Sac
    State
    Iowa
    Longitude
    -95.0545
    Latitude
    42.3118

    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
    $4,964
    $30,060
    $239,530
    $269,590
    -
    $30,060
    $239,530
    $269,590

    Comparable in this City

    • Value Estimation
      $240,000
      3,804 SF

      Us Hwy 71

      CAR WASH - SELF-SERVE • 3,804 SF
      Us Hwy 71, Lake View, IA 51450
      View Details
    • Value Estimation by Request
      702 SF

      Madison St

      CAR WASH - SELF-SERVE • 702 SF
      Madison St, Lake View, IA 51450
      View Details
    • Value Estimation by Request
      2,016 SF

      115 9th St

      SERVICE STATION (FULL SERVICE) • 2,016 SF
      115 9th St, Lake View, IA 51450
      View Details
    • Value Estimation by Request
      3,342 SF

      502 5th St

      SERVICE STATION (FULL SERVICE) • 3,342 SF
      502 5th St, Lake View, IA 51450-7760
      View Details
    • Value Estimation
      $540,000
      8,640 SF

      3001 Hwy 71us

      VEHICLE SALES, RENTALS • 8,640 SF
      3001 Hwy 71us, Lake View, IA 51450-7204
      View Details
    • Value Estimation by Request
      9,100 SF

      Lake

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      Lake, View, IA 51450
      View Details

    Similar Nearby for Sale

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      High-traffic location, open layout, and ample space for various uses.
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      Residential Land Near Black Hawk

      1.10 acre residential lot with development potential near Black Hawk Lake.
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      Lake View Development Opportunity

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      00 N State Rd, Lake View, IA 51450
      View Details
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    Us Hwy 71
    Lake View, IA 51450
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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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