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    Property profile & analytics

    124 Main St Panora, IA 50216

    • Bars
    • 1,400 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US25-2065553
    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

    • Owl's Nest - Panora, IA / Bar & Grill / Hamburger Restaurant

    Property Details for 124 Main St

    Year built
    1900
    Lot size
    0.06 lot acres
    Property size
    1,400 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    1298200
    APU
    1298200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panora
    County
    Guthrie
    State
    Iowa
    Longitude
    -94.3653
    Latitude
    41.6914
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, 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
    $1,944
    $9,500
    $80,900
    $90,400
    -
    $9,500
    $80,900
    $90,400

    Comparable in this City

    • Value Estimation
      $390,000
      1,400 SF

      122 Main St

      BAR, TAVERN • 1,400 SF
      122 Main St, Panora, IA 50216
      View Details
    • Value Estimation by Request
      3,300 SF

      110 Main St

      BAR, TAVERN • 3,300 SF
      110 Main St, Panora, IA 50216-1018
      View Details
    • Value Estimation
      $205,000
      8,352 SF

      102 Main St

      RESTAURANT • 8,352 SF
      102 Main St, Panora, IA 50216-1018
      View Details
    • Value Estimation
      $225,000
      2,520 SF

      108 Main St, Unit 106

      RESTAURANT • 2,520 SF
      108 Main St, Panora, IA 50216-1018
      View Details
    • Value Estimation by Request
      4,982 SF

      5405 Chimra Rd

      RESTAURANT • 4,982 SF
      5405 Chimra Rd, Panora, IA 50216-8602
      View Details
    • Value Estimation
      $355,000
      1,560 SF

      600 Main St

      RESTAURANT • 1,560 SF
      600 Main St, Panora, IA 50216-1152
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.19 Acres

      Prime Commercial Space on Main

      Highly visible commercial space in downtown Panora, ready for build-out.
      113 E Main St, Panora, IA 50216
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    • $44,000
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      Golf Course Frontage Building Lot

      Building lot with golf course frontage and lake access.
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    • Contact for pricing

      Wooded Lot Near Lake Panorama

      Wooded lot with access to Lake Panorama amenities.
      6840 Panorama Rd, Panora, IA 50216
      View Details
    • $30,000
      0.37 Acres

      Residential Land in Lake Panorama

      Flat lot with perk test approved in Lake Panorama community.
      4622 Canfield Dr, Panora, IA 50216
      View Details
    • New
      $85,000
      1.18 Acres

      Lake Panorama Land Opportunity

      1.18 acre land near Shady Beach at Lake Panorama.
      Panorama Dr, Panora, IA 50216
      View Details
    • $349,000
      0.40 Acres

      Lake Panorama Building Site

      Prime building site at Lake Panorama with utilities and survey.
      4643 Panorama Dr, Panora, IA 50216
      View Details
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    124 Main St
    Panora, IA 50216
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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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