201 2ndMadrid, IA 50156

  • Mixed-use properties
  • 7,568 SF
Off market
$135,679 Estimated

Property Details for 201 2nd

Year built
1912
Lot size
0.09 AC
Property size (Sq ft)
7,568 SF
Zone code
INC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
88226361286021
APU
88226361286021
201 2nd, Madrid, Iowa

PT Realty Valuation

  • Cap approach

    6%
    $1,093,269
    6.5%
    $1,009,171
    7%
    $937,088
  • Alternative use approach

    Residential
    $1,251,372
    Hospitality
    $1,146,250
    Educational
    $953,667
    Medical
    $986,465
    Retail
    $1,483,482
  • Comp approach

    Method 1
    $386,271
    Method 2
    $386,271

Location Insight

City
Madrid
County
Boone
State
Iowa
Latitude
41.8761
Longitude
-93.8219
CBSA code
11180
CBSA name
AMES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $105,047
  • Assessed land value
    $7,084
  • Assessed value
    $112,131
  • Tax year
    2023
  • Tax bill
    $2,114

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