1609 18thSpirit Lake, IA 51360

  • Retail properties
  • 14,700 SF
For Sale
$1,927,000 View listing

Property Details for 1609 18th

Year built
2019
Construction
FRAME
Lot size
1.30 AC
Property size (Sq ft)
14,700 SF
Property type
Retail properties
Property subtype
Strip malls
APN
705428004
APU
705428004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,121,624
    6.5%
    $2,881,499
    7%
    $2,675,678
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,890,726
    Method 2
    $1,890,726
  • Alternative Use

    Use
    Valuation
    Residential
    $2,430,652
    Hospitality
    $2,226,464
    Educational
    $1,852,392
    Medical
    $1,916,099
    Retail
    $2,881,499
1609 18th, Spirit Lake, Iowa

Location Insight

City
Spirit Lake
County
Dickinson
State
Iowa
Latitude
43.4222
Longitude
-95.1153
CBSA code
44020
CBSA name
SPIRIT LAKE, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,517,200
  • Assessed land value
    $316,300
  • Assessed value
    $1,833,500
  • Tax year
    2023
  • Tax bill
    $41,302

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