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    Property profile & analytics

    1601 Old Hwy, Unit 18 Ruthven, IA 51358

    • Turn key restaurants
    • 1,707 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 24, 2022
    $32,500
    Location Intelligence
    Property ID
    US25-1692320
    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

    • Turn key restaurants

    Property Details for 1601 Old Hwy

    Year built
    1930
    Lot size
    0.17 lot acres
    Property size
    1,707 SF
    Property type
    Turn key restaurants
    APN
    680013001030
    APU
    680013001030

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ruthven
    County
    Palo Alto
    State
    Iowa
    Longitude
    -94.8987
    Latitude
    43.1267

    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
    $592
    $6,420
    $31,340
    $37,760
    -
    $6,420
    $31,340
    $37,760

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      1208 Gowrie St

      BAR, TAVERN • 2,400 SF
      1208 Gowrie St, Ruthven, IA 51358
      View Details
    • Value Estimation by Request
      4,532 SF

      Ruthven, IA 51358

      SERVICE STATION (FULL SERVICE) • 4,532 SF
      Ruthven, IA 51358
      View Details
    • Value Estimation by Request
      4,542 SF

      Ruthven, IA 51358

      RETAIL STORES (PERSONAL SERVICES) • 4,542 SF
      Ruthven, IA 51358
      View Details
    • Value Estimation by Request
      1,624 SF

      1509 Old Hwy, Unit 18

      BARBER, HAIR SALON • 1,624 SF
      1509 Old Hwy, Ruthven, IA 51358
      View Details
    • Value Estimation by Request
      2,304 SF

      3322 340th Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      3322 340th Ave, Ruthven, IA 51358
      View Details
    • Value Estimation
      $385,000
      3,368 SF

      1108 Gowrie St

      FINANCIAL BUILDING • 3,368 SF
      1108 Gowrie St, Ruthven, IA 51358-7716
      View Details
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    1601 Old Hwy, Unit 18
    Ruthven, IA 51358
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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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