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Property profile & analytics
OFF-MARKET
Turn key restaurants
115 Main St Coggon, IA 52218-9314
Entity Owned
~
Est. High Equity
Property ID
US25-0054669
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Total area
3,008 SF
Lot
0.12 ac (5,227 SF)
APN
02-10-2-07-004-0-0000
UPID
US25-0054669
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
-
Tequila Jalisco Bar & Grill Restaurant
-
Hot Zone Restaurant
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
Fairly Fortunate Enterprises LLC
Fairly Fortunate Enterprises LLC
since 2025
Last sale
$55,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coggon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coggon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,974
Tax year 2022
Assessed value
$113,300
Assessed 2023
Previous assessed
$106,400
+6.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$12,200
Assessed improvement
$101,100
Land market value
$12,200
Improvement market value
$101,100
Total market value
$113,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Heating
NONE
Cooling
YES
Buildings
2
Total area
3,008 SF
Lot
0.12 ac (5,227 SF)
APN
02-10-2-07-004-0-0000
UPID
US25-0054669
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Cooling
Yes
Buildings
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Fairly Fortunate Enterprises LLC
Entity
Mailing address
115 E MAIN ST, COGGON, IA 52218-9314
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
$100,000
Fairly Fortunate Enterprises LLC
Anthony Holub
Deed
$80,000 · Holub Anthony
Jun 15, 2023
$55,000
Anthony Holub
Jeffrey Harbaugh
Warranty Deed
—
May 14, 2021
$128,000
Jeff Harbaugh
Kurt D Mcnamara
Warranty Deed
—
Nov 30, 2016
—
Kurt D Mcnamara
—
Deed
related
$81,200 · Community Svgs Bk
Jan 15, 2016
$45,000
Kurt D Mcnamara
Racks Saloon LLC
Warranty Deed
—
Sep 21, 2009
—
Racks Saloon LLC
Ammeter,christian
Quit Claim Deed
related
—
Apr 8, 2009
$25,000
Christian Ammeter
Mcclelland,vaughn E & Betty J
Warranty Deed
$90,000 · Linn County State Bank
Mar 16, 2009
—
Vaughn E Mcclelland
Jacksfb INC
Quit Claim Deed
related
—
Jul 11, 2006
—
Vaughn E Mcclelland
Henderson,joseph T & Sandy
Quit Claim Deed
related
—
Jul 11, 2006
$57,500
Jacksfb INC
Mcclelland,vaughn E & Betty J
Grant Deed
—
—
—
Kurt D Mcnamara
—
Deed Of Trust
related
$81,200 · Community Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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