1620 LkStorm Lake, IA 50588

  • Retail properties
  • 3,781 SF
Off market
$2,292,986 Estimated

Property Details for 1620 Lk

Year built
1973
Construction
STEEL FRAME
Lot size
4.49 AC
Property size (Sq ft)
3,781 SF
Property type
Retail properties
Property subtype
Other automotive properties
APN
10-34-126-004
APU
1034126004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $802,916
    6.5%
    $741,153
    7%
    $688,213
  • Comparable approach

    Method
    Valuation
    Relative Method
    $486,315
    Geo Method
    $486,315
  • Alternative Use

    Use
    Valuation
    Residential
    $625,190
    Hospitality
    $572,671
    Educational
    $476,455
    Medical
    $492,841
    Retail
    $741,153
1620 Lk, Storm Lake, Iowa

Location Insight

City
Storm Lake
County
Buena Vista
State
Iowa
Latitude
42.6592
Longitude
-95.2021
CBSA code
44740
CBSA name
STORM LAKE, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,439,820
  • Assessed land value
    $455,210
  • Assessed value
    $1,895,030
  • Tax year
    2023
  • Tax bill
    $67,588

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