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Property profile & analytics
OFF-MARKET
Drive through restaurants
16 Iowa W Ave Marshalltown, IA 50158-4780
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-1191949
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2003
Total area
4,435 SF
Lot
3 ac (130,680 SF)
Zoning code
PC
APN
8318-14-126-003
UPID
US25-1191949
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
-
Culver's 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
Ks Iowa Real Estate LLC · 3 yrs held
Ks Iowa Real Estate LLC
since 2022
4 recorded transactions
Zoning & alternative use
PC · Marshalltown, IA
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 Marshalltown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshalltown 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
$57,655
Tax year 2023
Assessed value
$1,700,240
Assessed 2024
Previous assessed
$1,700,240
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$522,720
Assessed improvement
$1,177,520
Land market value
$522,720
Improvement market value
$1,177,520
Total market value
$1,700,240
Applied tax rate
640,228.0000
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
Off-Market
Year built
2003
Heating
FORCED AIR
Stories
1
Total area
4,435 SF
Lot
3 ac (130,680 SF)
Zoning code
PC
APN
8318-14-126-003
UPID
US25-1191949
Jurisdiction
MARSHALL
Zoning & alternative use
PC · Marshalltown, IA
Zoning PC · permitted uses
PC · Marshalltown, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshalltown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Ks Iowa Real Estate LLC
Entity
Mailing address
4155 WINSLOW RD, MARION, IA 52302-9217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
—
Ks Iowa Real Estate LLC
—
Deed
related
$2,040,000 · Cedar Rapides Bank & Trust Co
Dec 2, 2022
$2,550,000
Ks Iowa Real Estate LLC
Haykin Investments LLC
Warranty Deed
$2,040,000 · Cedar Rapides Bank & Trust Co
Dec 5, 2017
$1,789,875
Haykin Investments LLC
Rsk Investment LLC
Warranty Deed
$240,000 · Fnnb Bank
Dec 5, 2017
—
Haykin Investments LLC
—
Deed
related
$240,000 · Fnnb Bank
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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