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Property profile & analytics

2935 Broadway Council Bluffs, IA 51501-3437

  • Turn key restaurants
  • 5,080 SF
  • 0.76 lot acres
OFF-MARKET
Last Sale
Nov 14, 2024
Value Estimations
$365,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-2563640
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Village Inn / Breakfast Restaurant / American Restaurant

Property Details for 2935 Broadway

Year built
1974
Lot size
0.76 lot acres
Property size
5,080 SF
Zone code
C-2
Property type
Turn key restaurants
APN
7544 27 386 001
APU
754427386001

Description

This exceptional 5,082 square foot freestanding restaurant building is situated on a 0.76-acre lot at 2935 W Broadway in Council Bluffs, Iowa. Built in 1974, this single-story structure boasts a prominent corner location on Broadway Street, benefiting from high traffic counts of 25,176 vehicles per day. The property includes a monument sign, ensuring excellent visibility and easy access from Broadway. A five-minute drive to downtown Council Bluffs adds to its strategic location. The property is currently occupied by a month-to-month tenant, offering an opportunity for owner-user occupancy or lease renewal. Existing restaurant improvements are in place. This location enjoys a stellar national Placer.ai ranking, placing it among the top performing retail locations in Iowa, near the state's #1 Walgreens and Club Car Wash, and the #2 McDonald's and #3 Arby's. The property is zoned for commercial use. This is a rare opportunity to acquire a well-positioned, high-traffic restaurant property in a thriving Iowa market. The asking price is $1,200,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $365,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $332,000
    Market price range: $314k - $663k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Council Bluffs
County
Pottawattamie
State
Iowa
Longitude
-95.892
Latitude
41.2616
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN 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
$35,046
$494,900
$483,000
$977,900
-
$494,900
$483,000
$977,900
More about this property
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