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    Property profile & analytics

    1021 1st St Sumner, IA 50674-1617

    • Turn key restaurants
    • 3,200 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Jun 30, 2022
    $105,000
    Location Intelligence
    Property ID
    US25-1148604
    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

    • Sumner Family Restaurant / Restaurant

    Property Details for 1021 1st St

    Year built
    1977
    Construction
    FRAME
    Lot size
    0.88 lot acres
    Property size
    3,200 SF
    Property type
    Turn key restaurants
    APN
    04-25-228-012
    APU
    425228012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Bremer
    State
    Iowa
    Longitude
    -92.082
    Latitude
    42.8472
    CBSA code
    47940
    CBSA name
    WATERLOO-CEDAR FALLS, 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
    $2,048
    $35,120
    $101,320
    $136,440
    -
    $35,120
    $101,320
    $136,440

    Comparable in this City

    • Value Estimation
      $80,000
      1,700 SF

      820 1st St

      RESTAURANT • 1,700 SF
      820 1st St, Sumner, IA 50674-1614
      View Details
    • Value Estimation
      $350,000
      4,772 SF

      108 1st St

      BAR, TAVERN • 4,772 SF
      108 1st St, Sumner, IA 50674-1430
      View Details
    • Value Estimation
      $60,000
      6,372 SF

      118 1st St

      BAR, TAVERN • 6,372 SF
      118 1st St, Sumner, IA 50674-1141
      View Details
    • Value Estimation by Request
      2,080 SF

      123 1st St

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      123 1st St, Sumner, IA 50674-1429
      View Details
    • Value Estimation by Request
      2,179 SF

      104 1st St

      RETAIL STORES (PERSONAL SERVICES) • 2,179 SF
      104 1st St, Sumner, IA 50674
      View Details
    • Value Estimation
      $175,000
      2,160 SF

      3191 140th St

      CAR WASH - SELF-SERVE • 2,160 SF
      3191 140th St, Sumner, IA 50674
      View Details

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    Sumner, IA 50674-1617
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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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