1702 41stFort Madison, IA 52627

  • Assisted living facilities
  • 35,019 SF
Off market

Property Details for 1702 41st

Year built
1971
Lot size
11.11 AC
Property size (Sq ft)
35,019 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
02-47-15-07-100-0100
APU
24715071000100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,158,231
    6.5%
    $8,453,752
    7%
    $7,849,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,139,594
    Geo Method
    $3,139,594
  • Alternative Use

    Use
    Valuation
    Residential
    $10,723,941
    Hospitality
    $9,823,073
    Educational
    $8,172,681
    Medical
    $8,453,752
    Retail
    $12,713,059

Location Insight

City
Fort Madison
County
Lee
State
Iowa
Latitude
40.6224
Longitude
-91.3648
CBSA code
22800
CBSA name
FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA

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
$77,526
$377,750
$2,534,590
$2,912,340
-
-
-
$6,645,180

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