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    Property profile & analytics

    1205 Main St Manchester, IA 52057-2308

    • Drive through restaurants
    • 2,487 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Jul 17, 2024
    $525,000
    Location Intelligence
    Property ID
    US25-0575158
    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

    • Drive through restaurants

    Property Details for 1205 Main St

    Year built
    2014
    Construction
    FRAME
    Lot size
    1.11 lot acres
    Property size
    2,487 SF
    Property type
    Drive through restaurants
    APN
    631304000420
    APU
    631304000420

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $450,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $550,000
      Mixed-Use
      $485,000
      Hospitality
      $445,000
      Educational
      $430,000
      Residential Income
      $580,000
      Energy
      $570,000
      Income-Based Land
      $500,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Delaware
    State
    Iowa
    Longitude
    -91.4761
    Latitude
    42.4845

    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
    $17,368
    $116,200
    $453,000
    $569,200
    -
    $0.00
    $0.00
    $631,100

    Comparable in this City

    • Value Estimation by Request
      3,469 SF

      205 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,469 SF
      205 Main St, Manchester, IA 52057-1533
      View Details
    • Value Estimation
      $230,000
      1,836 SF

      1217 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,836 SF
      1217 Main St, Manchester, IA 52057-2308
      View Details
    • Value Estimation by Request
      3,032 SF

      200 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,032 SF
      200 Main St, Manchester, IA 52057-1532
      View Details
    • Value Estimation
      $335,000
      2,226 SF

      1209 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,226 SF
      1209 Main St, Manchester, IA 52057-2308
      View Details
    • Value Estimation
      $295,000
      3,450 SF

      210 Franklin St

      RESTAURANT • 3,450 SF
      210 Franklin St, Manchester, IA 52057-2130
      View Details
    • Value Estimation
      $190,000
      7,685 SF

      116 Franklin St

      BAR, TAVERN • 7,685 SF
      116 Franklin St, Manchester, IA 52057-2121
      View Details

    Similar Nearby for Sale

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      Historic Manchester Retail Opportunity

      Versatile commercial space in downtown Manchester with high visibility.
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    • Contact for pricing

      Prime Manchester Retail Space

      High-traffic location, ideal for retail business.
      953 Main St, Manchester, IA 52057
      View Details
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      Downtown Manchester Retail Gem

      Historic building, high visibility, versatile space.
      107 Franklin St, Manchester, IA 52057
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      11,574 SF

      Prime Manchester Hotel Investment

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      1220 Marion St, Manchester, IA 52057
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    • $199,000
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      Acreage with Trout Stream

      Acreage with a trout stream near downtown Manchester, Iowa.
      2344 Jefferson Rd, Manchester, IA 52057
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    • $849,000
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      Hobby Farm with Ranch-Style Home

      20-acre hobby farm with modern ranch-style home and shops.
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    Property Visit Statistics

    • Visits by month
      6.6k
    • Visitors by month
      4.0k
    • Avg Time on site
      20 min
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    1205 Main St
    Manchester, IA 52057-2308
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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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