Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1623 Main St Keokuk, IA 52632-3931

    • Drive through restaurants
    • 3,313 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US25-0711324
    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

    • Drive through restaurants

    Property Details for 1623 Main St

    Year built
    1990
    Lot size
    0.64 lot acres
    Property size
    3,313 SF
    Property type
    Drive through restaurants
    APN
    04-45-21-25-127-0100
    APU
    44521251270100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $360,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $465,000
      Mixed-Use
      $360,000
      Hospitality
      $355,000
      Educational
      $395,000
      Residential Income
      $340,000
      Energy
      $360,000
      Income-Based Land
      $360,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Keokuk
    County
    Lee
    State
    Iowa
    Longitude
    -91.3925
    Latitude
    40.4051
    CBSA code
    22800
    CBSA name
    FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN 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
    $21,210
    $140,000
    $379,810
    $519,810
    -
    $140,000
    $379,810
    $519,810

    Comparable in this City

    • Value Estimation
      $2,295,000
      1,594 SF

      3325 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,594 SF
      3325 Main St, Keokuk, IA 52632-2225
      View Details
    • Value Estimation
      $215,000
      2,680 SF

      1027 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,680 SF
      1027 Main St, Keokuk, IA 52632-4663
      View Details
    • Value Estimation
      $1,370,000
      1,966 SF

      3444 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,966 SF
      3444 Main St, Keokuk, IA 52632-2226
      View Details
    • Value Estimation by Request
      2,571 SF

      3356 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,571 SF
      3356 Main St, Keokuk, IA 52632-2225
      View Details
    • Value Estimation by Request
      4,766 SF

      2329 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,766 SF
      2329 Main St, Keokuk, IA 52632-2737
      View Details
    • Value Estimation
      $335,000
      2,244 SF

      1600 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,244 SF
      1600 Main St, Keokuk, IA 52632-3928
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Property in Keokuk, Iowa

      Commercial property suitable for bar/lounge or retail in Keokuk.
      1318 Main St, Keokuk, IA 52632
      View Details
    • $850,000
      26,200 SF

      Keokuk Retail Center Investment

      High-yield, multi-tenant shopping center
      1220 Main St, Keokuk, IA 52632
      View Details
    • $850,000
      22,200 SF

      Endon Center: Keokuk Retail Investment

      High-yield shopping center, 5 tenants, 100% occupied.
      3533 Main St, Keokuk, IA 52632
      View Details
    • $800,000
      29,634 SF

      Iconic Downtown Mixed-Use Investment Opportunity

      Multi-use building with strong income and timeless character in Keokuk.
      629 Blondeau St, Keokuk, IA 52632
      View Details
    • $405,000
      2,580 SF

      Keokuk Retail Investment Opportunity

      High-traffic Main Street retail building, strong tenant.
      829 Main St, Keokuk, IA 52632
      View Details
    • $125,000
      5,967 SF

      Keokuk Mixed-Use Commercial Building

      Prime location, multiple income streams.
      22 5Th St, Keokuk, IA 52632
      View Details

    Property Visit Statistics

    • Visits by month
      15.3k
    • Visitors by month
      9.7k
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1623 Main St
    Keokuk, IA 52632-3931
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.