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Property profile & analytics
OFF-MARKET
Turn key restaurants

1115 1st Ave Council Bluffs, IA 51501

2,660 SF 0.42 ac lot Built 1900
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0454351
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 2,660 SF
Lot 0.42 ac (18,295 SF)
Zoning code I-1
APN 7544 35 231 001
UPID US25-0454351
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daniel Driscoll · 7 yrs held
Daniel Driscoll
since 2019
2 recorded transactions
2019
$325,000
2006
$325,000
Zoning & alternative use
I-1 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Zoning. Off-premises signs may be placed on property zoned I-1, I-2 and I-3, subject to all other restrictions in this section. Spacing Unless otherwise provided, no off-premises sign shall be located within a seven hundred (700) foot radius of any other existing off-premises sign whether conforming or not. On-premises signs shall not be counted nor shall me…

Zone name Light Industrial District
General category INDUSTRIAL
Zone area 239.51 ac
Source Council Bluffs : Municipal Code
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