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    Property profile & analytics

    1200 Locust St Glenwood, IA 51534-1889

    • Drive through restaurants
    • 5,858 SF
    • 2.74 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1974041
    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

    • Phillips 66 / Gas Station
    • Eddy's / Gas Station / Convenience Store
    • McDonald's / Restaurant / Sandwich Shop
    • Fas Mart / Gas Station
    • Western Union / Money Transfer Service

    Property Details for 1200 Locust St

    Year built
    2003
    Lot size
    2.74 lot acres
    Property size
    5,858 SF
    Property type
    Drive through restaurants
    APN
    65390010201000
    APU
    65390010201000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Mills
    State
    Iowa
    Longitude
    -95.7486
    Latitude
    41.0376
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    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
    $46,780
    $193,230
    $1,295,405
    $1,488,635
    -
    $193,230
    $1,295,405
    $1,488,635

    Comparable in this City

    • Value Estimation
      $860,000
      6,013 SF

      710 Locust St

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,013 SF
      710 Locust St, Glenwood, IA 51534-1833
      View Details
    • Value Estimation by Request
      1,484 SF

      9 12th N Vine St

      RESTAURANT • 1,484 SF
      9 12th N Vine St, Glenwood, IA 51534-1707
      View Details
    • Value Estimation
      $195,000
      3,042 SF

      430 1st St

      RESTAURANT • 3,042 SF
      430 1st St, Glenwood, IA 51534-1706
      View Details
    • Value Estimation
      $215,000
      2,160 SF

      612 Locust St

      RESTAURANT • 2,160 SF
      612 Locust St, Glenwood, IA 51534-1831
      View Details
    • Value Estimation
      $195,000
      2,100 SF

      111 Sharp St

      RESTAURANT • 2,100 SF
      111 Sharp St, Glenwood, IA 51534-1755
      View Details
    • Value Estimation
      $220,000
      1,800 SF

      204 Sharp St

      RESTAURANT • 1,800 SF
      204 Sharp St, Glenwood, IA 51534-1759
      View Details

    Similar Nearby for Sale

    • $750,000
      1,250 SF

      Established Business with Real Estate

      Thriving coffee and ice cream shop with real estate.
      501 S Locust St, Glenwood, IA 51534
      View Details
    • $1,599,000
      13,600 SF

      Retail Property in Glenwood, Iowa

      Retail property with high visibility and strong co-tenants.
      1205 S Locust St, Glenwood, IA 51534
      View Details
    • $154,500
      2.52 Acres

      Glenwood, Iowa Vacant Land

      2.52 acres of vacant land for sale in Glenwood, Iowa.
      56797 240Th St, Glenwood, IA 51534
      View Details
    • $172,500
      2.85 Acres

      Glenwood, Iowa Acreage Building Site

      Acreage building site near Glenwood, perfect for a new home.
      55623 230Th St, Glenwood, IA 51534
      View Details
    • New
      $275,000
      11.00 Acres

      Scenic Acreage with Hilltop Views

      11 acres with hilltop views, pond, pasture, and timber.
      11 245Th St, Glenwood, IA 51534
      View Details
    • $289,500
      5.04 Acres

      Desirable 5-Acre Building Lot

      Spacious 5-acre building lot on the Northeast edge of Glenwood.
      56799 240Th St, Glenwood, IA 51534
      View Details

    Property Visit Statistics

    • Visits by month
      41.0k
    • Visitors by month
      16.2k
    • Avg Time on site
      12 min
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    Glenwood, IA 51534-1889
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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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