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    Property profile & analytics

    Undisclosed Boone, IA 50036

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Undisclosed

    Property type
    Commercial real estate

    Description

    This thriving Chinese restaurant in Boone, IA, is offered for sale at $170,000. Generating gross revenue of $384,481 and boasting a Seller's Discretionary Earnings (SDE) of $54,472, this six-employee establishment presents a compelling investment opportunity. The restaurant features a modern, well-equipped facility with $87,741 in furniture, fixtures, and equipment (FF&E). Located in a high-traffic area of Central Iowa, its prime location ensures consistent customer flow. The current owner, retiring after five years, offers four to eight weeks of support and training to ensure a smooth transition. A non-compete agreement is in place for 20 miles over three years. The restaurant's authentic Chinese menu and commitment to quality have cultivated a loyal customer base. With strategic marketing and advertising, significant growth potential exists. This turnkey operation is ideal for an experienced restaurateur seeking a profitable venture in a desirable location. The zip code is 50036.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Boone
    State
    Iowa
    Longitude
    -93.9056
    Latitude
    42.0622

    Comparable in this City

    • Value Estimation by Request

      Confidential

      Investment properties
      0 Confidential, Boone, IA 50036
      View Details
    • Value Estimation by Request

      Confidential Address

      Investment properties
      0 Confidential Address, Boone, IA 50036
      View Details
    • Value Estimation by Request

      Undisclosed Address

      Investment properties
      0 Undisclosed Address, Boone, IA 50036
      View Details
    • Value Estimation by Request
      4,800 SF

      714 Arden St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      714 Arden St, Boone, IA 50036-2825
      View Details
    • Value Estimation by Request
      2,904 SF

      224 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,904 SF
      224 State St, Boone, IA 50036-3942
      View Details
    • Value Estimation by Request
      4,900 SF

      706 Keeler St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,900 SF
      706 Keeler St, Boone, IA 50036-2829
      View Details

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    Undisclosed
    Boone, IA 50036
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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
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