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Property profile & analytics
OFF-MARKET
Turn key restaurants

1117 16th Ave Council Bluffs, IA 51501-6268

1.43 ac lot Built 2000
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-2404735
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Lot 1.43 ac (62,291 SF)
Zoning code C-1
APN 7444 02 235 004
UPID US25-2404735
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
Current use
Occupant on record · Public records
  • Southside Jonesy's Taco House Restaurant
  • Sunset water park Park Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Western Iowa Investments LLC · 4 yrs held
Western Iowa Investments LLC
since 2021
Last sale
$62,000
4 recorded transactions
2021
$62,000
2021
$229,000
2021
$228,822
2007
$575,000
Zoning & alternative use
C-1 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 15.14 - C-1/COMMERCIAL DISTRICT 15.14.010 Statement Of Intent 15.14.020 Principal Uses 15.14.030 Conditional Uses 15.14.040 Accessory Uses 15.14.050 Site Development Regulations 15.14.060 Additional Regulations 15.14.070 Signs 15.14.010 Statement Of Intent The C-1 district is intended to provide for the development of retail, office, and minor commer…

Zone name Commercial District
General category COMMERCIAL
Zone area 21.44 ac
Source Council Bluffs : Municipal Code
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