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Property profile

1513 Hwy 169th N Algona, IA 50511

OFF-MARKET
Drive through restaurants
Property ID
US25-0512160
2,861 SF 0.75 ac lot Built 1993
Last sale Aug 2017 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This former quick-service restaurant building is located in the northwest portion of Algona’s east-west commercial corridor at the southwest corner of US Highways 169 (N. Jones Street) and 18 (220th Street). The 2,636-square-foot retail structure was constructed in 1993 and remodeled in 2010, and sits on a 0.75-acre lot. The building includes a drive-thru with drive-thru stacking space and provides on-site parking with approximately 45 to 50 parking stalls. The site is positioned adjacent to retail and service uses, including Bomgaars, Cenex, and an auto dealer.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$10k
Tax billed · 2021
Assessed value · 2023$545k
Assessed land$94k
Assessed improvement$451k
Effective rate1.87%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKOSSUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
HVAC Service9.9
Storage Facility9.4

Location

1513 Hwy 169th N Algona, IA 50511-1003
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
803 Main, Algona, IA 50511-1937 $65,000 May 2023 2,372 SF
307 State, Algona, IA 50511-2739 $45,000 Aug 2022 3,476 SF
107 Hwy 18th W, Algona, IA 50511-7221 $235,000 May 2021 2,440 SF
1325 Hwy 169th N, Algona, IA 50511-1006 $200,000 Dec 2020 4,064 SF
1323 Hwy 169th N, Algona, IA 50511-1006 $155,000 Dec 2020 3,024 SF
105 State, Algona, IA 50511 $70,000 Jul 2019 4,292 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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