Property profile

108 Sherman St Monroe, IA 50170

OFF-MARKET
Turn key restaurants
Property ID
US25-2248493
1,799 SF 0.23 ac lot Built 1956
Individually Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction FRAME
Total area 1,799 SF
Lot 0.23 ac (9,900 SF)
APN 1736286007
UPID US25-2248493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

108 Sherman St Monroe, IA 50170-7704
Monroe metro Census 40800 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$260,000
3 recorded transactions
2025
$260,000
2010
$26,000
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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