Built-Out Restaurant with
805 12 Street, Belle Plaine, IA 52208
For Sale
$150,000
The property includes restaurant equipment, furnishings, and additional storage space.
Property Size2,250 SF
Price / SF$66.67
Days on Market98
Property Features for 805 12 Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Furnished
Equipment Included
Taxes and HOA fees
Annual Taxes
Amenities
Wood
Yes
2
No
Storage
Building
Public
0.07
25 x 120
Building Details
Year Built
Stories
Listing Agency:
IOWA REALTY
(319) 393-4900
Listed By:
Andrew Hilliard
(319) 213-3243
Source:
Pinnaclerealtyia
Added: Aug 4
Changed: Nov 7
Last Checked: Nov 8 at 4:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IOWA REALTY
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Investment Insights
Based on property information with market context.
This conventional restaurant property at 805 12 Street in Belle Plaine, Iowa, includes a fully built-out dining and kitchen operation with equipment and furnishings conveyed. Included items comprise fryers, freezers, coolers, a grill, a three-compartment sink, restrooms, tables, chairs, and televisions.
Additional storage or convertible multi-use space is located above and below the main restaurant area. The Ansul system, electrical service, and plumbing have been upgraded since 2025. The property is zoned Comm. and was built in 1900.
Additional storage or convertible multi-use space is located above and below the main restaurant area. The Ansul system, electrical service, and plumbing have been upgraded since 2025. The property is zoned Comm. and was built in 1900.
Key Highlights
- Fully built‑out restaurant with equipment and furnishings included
- Fryers, freezers, coolers, grill, three‑compartment sink, tables, chairs, and TVs convey
- Additional storage or convertible multi‑use space above and below
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,797
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,940
$235.9K
Cap Rate 7%
$168,529
$168.5K
Cap Rate 9%
$131,078
$131.1K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$17.6K $7.80/SF
− Vacancy
−$697 −$0.31/SF
EGI
$16.9K $7.49/SF
− OpEx
−$5.1K −$2.25/SF
NOI
$11.8K $5.24/SF
Area
Benton County, IA
Vacancy
3.97%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,940
Cap Rate 7%
$168,529
Cap Rate 9%
$131,078
Alternative Uses
Best Use
Specialty Retail
$325.6K
$284.9K – $379.9K
NOI $22,795 @ 7.0% cap · market cap 15.20%
Second Best
Industrial
$168.5K
$147.5K – $196.6K
NOI $11,797 @ 7.0% cap · market cap 7.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Belle Plaine #2
Shops & Services
9,416 visits/mo
0.2 miles
Dollar General
Shops & Services
4,370 visits/mo
0.3 miles
BP
Shops & Services
2,023 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
904 visits/mo
0.3 miles
Carquest Auto Parts
Shops & Services
682 visits/mo
0.1 miles
Demographics for 52208, IA
2,951
Population
1,451
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
95%
High-School Grad
60.7 sq mi
ZIP Area
49
Density / Sq Mi
$71,336
Median Household Income
$45,202
Median Earnings
$773
Median Rent
$119,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property includes restaurant equipment, furnishings, and additional storage space.
Where is this conventional restaurant located?
The property is located at 805 12 Street Belle Plaine, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fully built‑out restaurant with equipment and furnishings included; Fryers, freezers, coolers, grill, three‑compartment sink, tables, chairs, and TVs convey; Additional storage or convertible multi‑use space above and below
