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    Property profile & analytics

    11 5th NW Ave Le Mars, IA 51031-3426

    • Drive through restaurants
    • 1,440 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US25-2402936
    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

    • Subway / Sandwich Shop / Caterer

    Property Details for 11 5th NW Ave

    Year built
    1952
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    1,440 SF
    Property type
    Drive through restaurants
    APN
    12-09-351-013
    APU
    1209351013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1741
    Latitude
    42.7934

    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
    $2,556
    $85,200
    $169,100
    $254,300
    -
    $85,200
    $169,100
    $254,300

    Comparable in this City

    • Value Estimation
      $295,000
      1,632 SF

      773 Hawkeye SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,632 SF
      773 Hawkeye SW Ave, Le Mars, IA 51031-1860
      View Details
    • Value Estimation
      $205,000
      2,811 SF

      1205 Hawkeye SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,811 SF
      1205 Hawkeye SW Ave, Le Mars, IA 51031-1865
      View Details
    • Value Estimation by Request
      3,605 SF

      1001 Hawkeye SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,605 SF
      1001 Hawkeye SW Ave, Le Mars, IA 51031-1863
      View Details
    • Value Estimation
      $465,000
      2,310 SF

      320 Hwy 75th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,310 SF
      320 Hwy 75th S, Le Mars, IA 51031
      View Details
    • Value Estimation
      $185,000
      1,500 SF

      200 5th NW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      200 5th NW Ave, Le Mars, IA 51031-3116
      View Details
    • Value Estimation
      $200,000
      1,896 SF

      607 6th SW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,896 SF
      607 6th SW St, Le Mars, IA 51031-1827
      View Details

    Similar Nearby for Sale

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      LeMars Restaurant and Bar

      Turnkey restaurant and bar with a strong local reputation.
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      Historic Commercial Building with Apartments

      Renovated commercial building with two luxury apartments and income potential.
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      LeMars Residential Building Sites Available

      Premier residential building sites in LeMars, Iowa, ready for construction.
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    • $75,000
      0.42 Acres

      Residential Lot in Established Neighborhood

      Residential lot in LeMars, Iowa, ready for your dream home.
      9 Northern Hts, Le Mars, IA 51031
      View Details
    • $69,900
      0.34 Acres

      Residential Land in LeMars, Iowa

      Residential building sites in new Le Mars development.
      W Addition Lots 22-39, Le Mars, IA 51031
      View Details
    • $175,000
      4.49 Acres

      Residential Building Site in LeMars

      4.49 acre residential building site in Plymouth County.
      280Th St, Le Mars, IA 51031
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.5k
    • Avg Time on site
      39 min
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    11 5th NW Ave
    Le Mars, IA 51031-3426
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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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