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Property profile & analytics
OFF-MARKET
Turn key restaurants
133 Elm St Avoca, IA 51521-3501
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1265825
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Lot
0.08 ac (3,485 SF)
APN
7739 09 385 004
UPID
US25-1265825
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
Current use
Occupant on record · Public records
-
Casa Mexicana Restaurant
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
Avoca Betterment Assn · 7 yrs held
Avoca Betterment Assn
since 2019
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 Avoca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avoca 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
$11,851
Tax year 2023
Assessed value
$268,300
Assessed 2024
Previous assessed
$268,300
+0.0% YoY
Effective rate
4.42%
On assessed value
Assessed land
$6,300
Assessed improvement
$262,000
Land market value
$6,300
Improvement market value
$262,000
Total market value
$268,300
Applied tax rate
43.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Heating
NONE
Units
7
Lot
0.08 ac (3,485 SF)
APN
7739 09 385 004
UPID
US25-1265825
Jurisdiction
POTTAWATTAMIE
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
1920
Heating
NONE
Units
7
Lot
0.08 ac
Current owner
From public records · entity-resolved
Avoca Betterment Assn
Individual
Mailing address
9209 CODY DR, WEST DES MOINES, IA 50266-8761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
—
Garcia Rentals LLC
—
Deed
related
$300,000 · Shelby County State Bank
Feb 16, 2022
—
Avoca Betterment Association
—
Deed
related
$178,933 · Midstates Bank NA
Jul 30, 2019
—
Avoca Betterment Assn
Avoca Betterment Assn INC
Quit Claim Deed
related
—
Feb 1, 2011
—
Avoca Betterment Association I
—
Trustees Deed
related
$175,000 · Midstates Bk
Jan 4, 2008
—
Avoca Betterment Assn INC
Henningsen & Baragary LLC
Grant Deed
—
Nov 27, 2007
$75,000
Henningsen & Baragary LLC
Griffis,melissa
Warranty Deed
—
Oct 19, 2006
—
Griffis,melissae
Griffis,bob
Quit Claim Deed
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.
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