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Property profile & analytics
OFF-MARKET
Turn key restaurants
101 2nd NW St Mitchellville, IA 50169
Entity Owned
1-yr Hold
Free & Clear
Property ID
US25-2500726
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
FRAME
Total area
2,760 SF
Lot
0.14 ac (6,006 SF)
Zoning code
C-4
APN
141/00284-001-001
UPID
US25-2500726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tavern 36 Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Escorcia Ayala LLC · 1 yrs held
Escorcia Ayala LLC
since 2025
Last sale
$310,000
7 recorded transactions
Zoning & alternative use
C-4 · Mitchellville, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mitchellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mitchellville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$4,478
Tax year 2020
Assessed value
$209,000
Assessed 2023
Previous assessed
$209,000
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$19,100
Assessed improvement
$189,900
Land market value
$19,100
Improvement market value
$189,900
Total market value
$209,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
2,760 SF
Lot
0.14 ac (6,006 SF)
Zoning code
C-4
APN
141/00284-001-001
UPID
US25-2500726
Jurisdiction
POLK
Zoning & alternative use
C-4 · Mitchellville, IA
Zoning C-4 · permitted uses
C-4 · Mitchellville, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mitchellville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Escorcia Ayala LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12468 SE 64TH AVE, RUNNELLS, IA 50237-1006
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$420,000
Escorcia Ayala LLC
Steven Baldwin
Deed
—
Nov 3, 2021
$310,000
Steven Baldwin
Martin A Stephenson
Warranty Deed
—
Jun 11, 2015
$150,000
Martin A Stephenson
William V Barnes
Warranty Deed
$112,500 · Keystone Savings Bank
Jun 12, 2013
$150,000
William V Barnes
Monroe St Bk
Warranty Deed
—
Jul 21, 2010
$239,856
Monroe St. Bk
Sheriff Of Polk County
Trustees Deed
related
—
Nov 14, 2005
$50,000
Dale L Bos
Thomas,ken & Lisa
Warranty Deed
—
Nov 14, 2005
$69,125
Ken Thomas
Quinn,donald J & Rosemary
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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