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    Property profile & analytics

    1018 Madison St Washington, IA 52353-1624

    • Drive through restaurants
    • 5,400 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2134816
    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

    • Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
    • Wing Street / Chicken Wings Restaurant / Takeout Restaurant

    Property Details for 1018 Madison St

    Year built
    1971
    Lot size
    1.29 lot acres
    Property size
    5,400 SF
    Property type
    Drive through restaurants
    APN
    11-18-402-039
    APU
    1118402039

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.7056
    Latitude
    41.2971
    CBSA code
    26980
    CBSA name
    IOWA CITY, 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
    $24,870
    $125,100
    $565,800
    $690,900
    -
    $125,100
    $565,800
    $690,900

    Comparable in this City

    • Value Estimation by Request
      1,350 SF

      625 18th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,350 SF
      625 18th St, Washington, IA 52353
      View Details
    • Value Estimation by Request
      4,817 SF

      311 Marion Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,817 SF
      311 Marion Ave, Washington, IA 52353
      View Details
    • Value Estimation
      $615,000
      2,694 SF

      120 Jefferson St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,694 SF
      120 Jefferson St, Washington, IA 52353-1702
      View Details
    • Value Estimation
      $410,000
      3,144 SF

      521 7th St

      BAR, TAVERN • 3,144 SF
      521 7th St, Washington, IA 52353-2422
      View Details
    • Value Estimation
      $250,000
      2,856 SF

      1015 Madison St

      RESTAURANT • 2,856 SF
      1015 Madison St, Washington, IA 52353-1623
      View Details
    • Value Estimation by Request
      1,008 SF

      1203 Washington St

      RESTAURANT • 1,008 SF
      1203 Washington St, Washington, IA 52353-2168
      View Details

    Similar Nearby for Sale

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    • $47,500
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      Residential Land Near Golf Course

      Residential land for sale near Washington Golf & Country Club.
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    • $140,000
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      Washington Duplex Investment Opportunity

      Duplex with two units, tenant-occupied, walkable to downtown.
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      Residential Building Lots on East Adams

      Five south-facing residential lots on newly paved East Adams.
      1308 E Adams St, Washington, IA 52353
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    Property Visit Statistics

    • Visits by month
      4.2k
    • Visitors by month
      5.0k
    • Avg Time on site
      37 min
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    1018 Madison St
    Washington, IA 52353-1624
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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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