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    Property profile & analytics

    101 Monroe St Mt Pleasant, IA 52641-2181

    • Turn key restaurants
    • 6,786 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Apr 16, 2021
    $160,000
    Location Intelligence
    Property ID
    US25-1167662
    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

    • Turn key restaurants

    Property Details for 101 Monroe St

    Year built
    1860
    Lot size
    0.05 lot acres
    Property size
    6,786 SF
    Property type
    Turn key restaurants
    APN
    411080925802400
    APU
    411080925802400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $185,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $180,000
      Mixed-Use
      $215,000
      Hospitality
      $215,000
      Educational
      $205,000
      Residential Income
      $195,000
      Energy
      $180,000
      Income-Based Land
      $220,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Mt Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.5534
    Latitude
    40.9668

    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
    $2,808
    $16,370
    $144,660
    $161,030
    -
    $16,370
    $144,660
    $161,030

    Comparable in this City

    • Value Estimation by Request
      4,552 SF

      708 Grand Ave

      RESTAURANT • 4,552 SF
      708 Grand Ave, Mt Pleasant, IA 52641-3115
      View Details
    • Value Estimation
      $145,000
      4,862 SF

      225 Monroe St

      RESTAURANT • 4,862 SF
      225 Monroe St, Mt Pleasant, IA 52641-2110
      View Details
    • Value Estimation
      $300,000
      8,499 SF

      1110 Washington St

      RESTAURANT • 8,499 SF
      1110 Washington St, Mt Pleasant, IA 52641-3000
      View Details
    • Value Estimation
      $195,000
      8,778 SF

      129 Jefferson St

      RESTAURANT • 8,778 SF
      129 Jefferson St, Mt Pleasant, IA 52641-2135
      View Details
    • Value Estimation
      $90,000
      4,225 SF

      901 Washington St

      RESTAURANT • 4,225 SF
      901 Washington St, Mt Pleasant, IA 52641-2104
      View Details
    • Value Estimation
      $75,000
      3,135 SF

      119 Main St

      RESTAURANT • 3,135 SF
      119 Main St, Mt Pleasant, IA 52641-2027
      View Details

    Similar Nearby for Sale

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      Mount Pleasant Retail Opportunity

      High-visibility commercial building with ample space and parking.
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      View Details
    • $48,000
      0.80 Acres

      Mount Pleasant Building Site

      0.8 acre building site in established Mount Pleasant neighborhood.
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      Residential Land Near Country Club

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    • $54,500
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      Residential Land Near Country Club

      1.89 acre residential lot near country club in Mount Pleasant.
      14 Pin Oaks Ln, Mount Pleasant, IA 52641
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    • $59,900
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      Residential Land Near Golf Course

      1.87 acre lot near golf course, suitable for building.
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    • $46,500
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      Residential Lot in Bell Estates

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    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      1.7k
    • Avg Time on site
      41 min
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    101 Monroe St
    Mt Pleasant, IA 52641-2181
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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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