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    Property profile & analytics

    121 3rd NW St Orange City, IA 51041-1307

    • Turn key restaurants
    • 2,904 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Location Intelligence
    Property ID
    US25-1508247
    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

    • Turn key restaurants

    Property Details for 121 3rd NW St

    Year built
    1920
    Lot size
    0.11 lot acres
    Property size
    2,904 SF
    Property type
    Turn key restaurants
    APN
    17-32-235-006
    APU
    1732235006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orange City
    County
    Sioux
    State
    Iowa
    Longitude
    -96.0593
    Latitude
    43.0087

    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
    $5,084
    $25,200
    $221,430
    $246,630
    -
    $25,200
    $221,430
    $246,630

    Comparable in this City

    • Value Estimation
      $235,000
      2,121 SF

      803 Albany SE Pl

      RESTAURANT • 2,121 SF
      803 Albany SE Pl, Orange City, IA 51041-1936
      View Details
    • Value Estimation by Request
      4,672 SF

      1505 8th SE St

      RESTAURANT • 4,672 SF
      1505 8th SE St, Orange City, IA 51041-7447
      View Details
    • Value Estimation
      $315,000
      5,500 SF

      125 Central NE Ave

      RESTAURANT • 5,500 SF
      125 Central NE Ave, Orange City, IA 51041-1465
      View Details
    • Value Estimation
      $365,000
      4,800 SF

      723 8th SE St

      RESTAURANT • 4,800 SF
      723 8th SE St, Orange City, IA 51041-7451
      View Details
    • Value Estimation
      $185,000
      3,090 SF

      114 2nd NE St

      RESTAURANT • 3,090 SF
      114 2nd NE St, Orange City, IA 51041-1409
      View Details
    • Value Estimation
      $120,000
      1,056 SF

      917 8th SE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,056 SF
      917 8th SE St, Orange City, IA 51041-7464
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.00 Acre

      Restaurant Opportunity in Orange City

      Commercial property ideal for restaurant or other business ventures.
      814 Lincoln Pl SE, Orange City, IA 51041
      View Details
    • $340,000
      1,715 SF

      Orange City Multi-Unit For Sale

      Multi-unit residential property in Orange City, Iowa.
      120 Delaware Ave SW, Orange City, IA 51041
      View Details
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    121 3rd NW St
    Orange City, IA 51041-1307
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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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