216 1stRock Rapids, IA 51246

  • Retail properties
  • 4,000 SF
Off market
$97,865 Estimated

Property Details for 216 1st

Year built
1900
Lot size
0.09 AC
Property size (Sq ft)
4,000 SF
Zone code
COMM-SMALL BUSINESS
Property type
Retail properties
Property subtype
Retail space
APN
350000016200000
APU
350000016200000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $849,421
    6.5%
    $784,081
    7%
    $728,076
  • Comparable approach

    Method
    Valuation
    Method 1
    $514,483
    Method 2
    $514,483
  • Alternative Use

    Use
    Valuation
    Residential
    $661,402
    Hospitality
    $605,841
    Educational
    $504,052
    Medical
    $521,387
    Retail
    $784,081
216 1st, Rock Rapids, Iowa

Location Insight

City
Rock Rapids
County
Lyon
State
Iowa
Latitude
43.4316
Longitude
-96.1678

Property Tax & Assessments

  • Assessed Improved Value
    $70,680
  • Assessed land value
    $10,200
  • Assessed value
    $80,880
  • Tax year
    2023
  • Tax bill
    $1,108

FAQs

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