506 2ndArmstrong, IA 50514

  • Specialty properties
  • 2,520 SF
Off market
$1,706,600 Estimated

Property Details for 506 2nd

Year built
1945
Construction
FRAME
Lot size
0.17 AC
Property size (Sq ft)
2,520 SF
Property type
Specialty properties
APN
814111004
APU
814111004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $470,129
    6.5%
    $433,965
    7%
    $402,968

  • Comparable approach

    Method
    Valuation
    Relative Method
    $128,621
    Geo Method
    $128,621

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $873,487
    Retail / Commercial
    $444,179
    Mixed-Use / Specialty
    $439,648
    Hospitality / Lodging
    $318,717
    Office
    $433,965
    Institutional / Educational
    $456,003
    Residential Income
    $533,523
    Multifamily
    $656,221
    Automotive / Energy
    $390,859
    Parking / Income-Based Land
    $137,793
    Restaurant / Food Service
    $222,373
    Healthcare / Senior Housing
    $453,873

Location Insight

City
Armstrong
County
Emmet
State
Iowa
Latitude
43.3965
Longitude
-94.4814

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
$1,054
$7,000
$60,700
$67,700
-
$7,000
$60,700
$67,700

Comparable in this City

  • 405 6th

    CHARITABLE ORGANIZATION • 5,600 SF

    Estimated
    $1,288,000
    405 6th
    Armstrong, IA
    View Details

  • 401 C

    PROFESSIONAL CLUBS/ASSOCIATIONS • 7,040 SF

    Estimated
    $13,795,860
    401 C
    Armstrong, IA
    View Details

  • 301 5th

    DAY CARE, PRE-SCHOOL • 3,268 SF

    Estimated
    $2,415,000
    301 5th
    Armstrong, IA
    View Details

  • 423 12th 6th

    OFFICE BUILDING • 3,240 SF

    Estimated
    $1,288,000
    423 12th 6th
    Armstrong, IA
    View Details

  • 430 6th

    MEDICAL BUILDING • 2,955 SF

    Estimated
    $389,200
    430 6th
    Armstrong, IA
    View Details

  • 200 2nd

    VACANT COMMERCIAL LAND • 0.35 AC

    Estimated
    $3,519,000
    200 2nd
    Armstrong, IA
    View Details

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2nd
Armstrong, IA 50514

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Armstrong, IA 50514

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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