Property profile

1205 Main St Manchester, IA 52057

OFF-MARKET
Drive through restaurants
Property ID
US25-0575158
2,487 SF 1.11 ac lot Built 2014
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2014
Construction FRAME
Total area 2,487 SF
Lot 1.11 ac (48,352 SF)
APN 631304000420
UPID US25-0575158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

1205 Main St Manchester, IA 52057-2308
Manchester metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2024
Last sale
$525,000
2 recorded transactions
2024
$525,000
2014
$150,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $330,000 +117.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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