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    202 W Business Hwy, Unit 30 Toledo, IA 52342

    New
    For Sale
    $250,000

    SINGLE_FAMILY - Toledo, IA

    Type:Retail
    Lot size:
    0.52 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for 202 W Business Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C
    APN
    1422176001
    Lot size
    0.52 Acres

    Building Details

    Year built
    1967

    Lockard Realty Co. (319) 493-4000 [email protected]

    Listing agent Steve S Conrad (319) 277-8000

    Listing date Dec 11, 2025

    Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Opportunity on Highway

    This 4,000 sq ft restaurant is situated on a 0.52-acre lot at a highly visible highway intersection. The location benefits from consistent high traffic, offering exceptional exposure and easy access for customers. The spacious building provides ample room for dining and kitchen operations. This property is zoned C and is located in Toledo, Iowa.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Toledo
    County
    Tama
    State
    Iowa
    Longitude
    -92.5708
    Latitude
    41.9917

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    FAQs

    What type of property is this?
    Restaurant - 4,000 sq ft restaurant on a half-acre lot.
    Where is this restaurant located?
    The property is located at 202 W Business Hwy, Unit 30 Toledo, IA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - High-traffic location at a visible highway intersection; - Spacious 4,000 sq ft building suitable for various business ventures; - Half-acre lot offering potential for expansion
    (319) 277-8000
    Request Owner's contact information
    202 W Business Hwy, Unit 30 Toledo, IA 52342
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    Toledo, IA 52342
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 W Business Hwy, Unit 30 Toledo, IA 52342
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