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    Property profile & analytics

    106 3Rd St Low Moor, IA 52757

    • Bars
    • 3,520 SF
    • 0.10 lot acres
    For Sale
    View listing
    $249,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1356492
    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

    • Bars

    Property Details for 106 3Rd St

    Year built
    1908
    Lot size
    0.10 lot acres
    Property size
    3,520 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    2400500000
    APU
    2400500000

    Description

    This exceptional turnkey business opportunity presents the chance to own Santee's Bar and Grill, a well-established restaurant located at 106 3rd Street, Low Moor, IA 52757. The property, built in 1908, includes a main building encompassing a fully operational bar and grill, recently renovated and meticulously maintained. The sale includes all existing equipment and fixtures, allowing for immediate operation. The bar, bathrooms, and seating areas are in excellent condition, designed to attract and retain customers. The commercial kitchen is exceptionally clean and well-equipped. An attractive outdoor patio provides additional seating, perfect for enjoying the sunshine. Adding to the investment potential, a three-bedroom (potentially four-bedroom) apartment occupies the upper level, currently generating rental income. This provides a valuable supplemental revenue stream. The property sits on land in Clinton County, Iowa, and is ready for a new owner to continue its success within the welcoming Low Moor community. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The asking price for this complete package is $249,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $205,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $275,000
      Mixed-Use
      $255,000
      Hospitality
      $240,000
      Educational
      $215,000
      Residential Income
      $220,000
      Energy
      $220,000
      Income-Based Land
      $250,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Low Moor
    County
    Clinton
    State
    Iowa
    Longitude
    -90.3552
    Latitude
    41.802
    CBSA code
    17540
    CBSA name
    CLINTON, IA MICROPOLITAN 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
    $1,644
    $6,080
    $110,410
    $116,490
    -
    $6,080
    $110,410
    $116,490

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation by Request
      1,200 SF

      107 3rd St

      CONVENIENCE STORE • 1,200 SF
      107 3rd St, Low Moor, IA 52757-0107
      View Details
    • Value Estimation by Request
      0.19 Acres

      Low Moor, IA 52757

      VACANT COMMERCIAL LAND • 0.19 Acres
      Low Moor, IA 52757
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    • Value Estimation by Request
      0.24 Acres

      Low Moor, IA 52757

      COMMERCIAL (GENERAL) • 0.24 Acres
      Low Moor, IA 52757
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    • Value Estimation by Request
      4,296 SF

      2582 380th Ave

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      2582 380th Ave, Low Moor, IA 52757
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    • Value Estimation by Request
      3,840 SF

      205 3rd St

      WAREHOUSE, STORAGE • 3,840 SF
      205 3rd St, Low Moor, IA 52757
      View Details

    Similar Nearby for Sale

    • $249,000

      Santee's Bar & Grill: Turnkey Opportunity

      Iowa Bar & Grill - Established Business
      106 3Rd St, Low Moor, IA 52757
      View Details
    • $2,846,100
      179.00 Acres

      Premium Eastern Iowa Farmland

      179 acres m/l of premium farmland near Low Moor, Iowa.
      240 St, Low Moor, IA 52757
      View Details
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    106 3Rd St
    Low Moor, IA 52757
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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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