Back to Search
Property profile & analytics
FOR SALE
Drive through restaurants
1220 W 18Th St S Newton, IA 50208
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US25-1531122
For Sale
1 / 14
$2,308,000
1220 W 18Th St S, Newton, IA 50208
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2023
Construction
FRAME
Total area
2,182 SF
Lot
0.66 ac (28,652 SF)
APN
1304101002
UPID
US25-1531122
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
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
Hos Loves Coffee LLC
Hos Loves Coffee LLC
since 2026
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 Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,918
Tax year 2023
Assessed value
$747,020
Assessed 2024
Previous assessed
$425,850
+75.4% YoY
Effective rate
1.73%
On assessed value
Assessed land
$114,610
Assessed improvement
$632,410
Land market value
$114,610
Improvement market value
$632,410
Total market value
$747,020
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2023
Construction
FRAME
Stories
1
Total area
2,182 SF
Lot
0.66 ac (28,652 SF)
APN
1304101002
UPID
US25-1531122
Jurisdiction
JASPER
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
2023
Construction
FRAME
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Hos Loves Coffee LLC
Entity
Mailing address
10540 N 2ND ST, MACHESNEY PARK, IL 61115-1405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Hos Loves Coffee LLC
Newton Xii LLC
Deed
—
Apr 14, 2026
$2,235,000
Hos Loves Coffee LLC
Newton Xii LLC
Special Warranty Deed
$1,600,000 · Northwest Bank
May 3, 2023
—
Xii LLC
—
Deed
related
$1,767,706 · St Charles Bank & Trust Co
Oct 3, 2017
—
Farrell Properties INC
—
Deed
related
$156,200 · United States Small Business Admin
Oct 27, 2016
—
Farrell Properties INC
—
Deed
related
$120,025 · Leighton State Bank
Apr 15, 2014
$57,000
Farrell Properties INC
Iowa Property Receiver LLC
Warranty Deed
$125,500 · First State Bank Of Colfax
Dec 4, 2013
—
Iowa Property Receiver LLC
Hf 56
Quit Claim Deed
related
—
Jun 18, 2008
$4,147
Hf56
Rajesh A Patel
Public Action
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
