702 E Gilman St, Sheffield, IA 50475 Property Records

Franklin County property record for 702 E Gilman St, Sheffield, IA 50475

Property Summary

Property TypeConvenience Store
Details2,916 sqft · built 1996
Lot Size1.79 acres (77,972 sqft)
OwnerCompany Name on File
Tax Bill$18,980 (2025)
Flood ZoneZone X (moderate risk)
APN030447700300

Property Details

APN / Parcel Number

Primary APN030447700300
Alternative APN
  • 0304477003

Interior

Stories1 Story
Building Area2,916 sqft Gross Area

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 1996
Exterior MaterialMetal
Roof MaterialMetal
Lot Area77,972 sqft (1.79 acres)
Shed1 Shed

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Water SourceCommercial

Location & Zoning

Street Address702 E GILMAN ST
CitySHEFFIELD
StateIA
Zip50475-8501
Property CategoryCommercial
Property TypeCommercial > Retail > Convenience Store
Legal DescriptionS1/2 SE SE COM SE CO (SEQ:1), R N435.8'ALG E LN SE (SEQ:2), W75'POB;W450';N175'; (SEQ:3), E450',S 175' POB (SEQ:4) ESM-2016-0628 (2016-04-12), REC-#95-1590 ()
Legal Range20W
Legal Township93N
Legal Section04
JurisdictionFRANKLIN IA
Township / Civil DivisionSHEFFIELD
Census Block Group4
Census Block4068
Census Tract360100

Owner

702 E Gilman St, a commercial property, is owned by a company.

Source: Franklin County records, as of September 1, 2026

Owner of RecordCompany Name on File
Mailing AddressPO BOX 54288, LEXINGTON, KY 40555-4288
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 702 E Gilman St was $18,980, up 8.9% from the year before.

Source: Franklin County assessment roll, as of October 7, 2025

Property Jurisdictions

TypeName
StateIowa
CountyFranklin County
MunicipalitySheffield City
Unified School DistrictWest Fork Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$18,980.00 (+8.92%)$661,500 Land $55,800 Building $605,700$661,500 Land $55,800 Building $605,700
2024$17,426.00
2023$596,000 (+28.67%) Land $55,800 Building $540,200$596,000 Land $55,800 Building $540,200
2022$13,080.00$463,200 Land $55,800 Building $407,400
2021$463,200 Land $55,800 Building $407,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 702 E Gilman St in Zone X, an area of moderate flood risk, though there have been 2 flood claims nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective August 26, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims2 (2010–2016)
Claims Outside the SFHA1 of 2
Most Recent ClaimAug 2016 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 702 E Gilman St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 91% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSHEFFIELD WATER SUPPLY
serves 1,130 people · EPA ID IA3570037
Water SourceGroundwater
Last State InspectionDec 2025
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 9 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120

May also be available: GigFire, Mediacom Xtream, Rockwell Cooperative Telephone, Router12 Networks, T-Mobile.

Nearby Properties on E Gilman St

Nearby Streets

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