Realmo Analytics

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Property profile

1640 Broadway Council Bluffs, IA 51501

OFF-MARKET
Turn key restaurants
Property ID
US25-0188833
1,242 SF 0.24 ac lot Built 2000
Last sale Apr 2025 · $931,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail property, located at 1640 W Broadway Street in Council Bluffs, Iowa, presents a compelling investment opportunity. The 1,242 square foot building, constructed in 2007, sits on a 0.24-acre lot and is zoned Community Commercial (C-2), offering flexibility for a variety of retail uses. Currently offered at $997,000, this property boasts a strong 7.00% cap rate, making it an attractive addition to any investment portfolio. The property benefits from a 10-year absolute NNN…

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 · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value · 2024$661k
Assessed land$158k
Assessed improvement$503k
Effective rate3.45%

Value estimate

· Nov 2026
$240k
$216k – $264k
AI approach$320k

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

What can be built here?
C-2
Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Acces...
General categoryCOMMERCIAL
JurisdictionPOTTAWATTAMIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.6
Building Supply25.2
Spa & Massage20.6

Location

1640 Broadway Council Bluffs, IA 51501-3813
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3150 Dial, Council Bluffs, IA 51501-7680 $2,901,000 Jun 2024 1,974 SF
24 7th, Council Bluffs, IA 51501-4131 $207,500 Jun 2024 2,989 SF
2626 9th, Council Bluffs, IA 51501-5907 $195,000 Apr 2024 3,000 SF
2759 Broadway, Council Bluffs, IA 51501-3524 $2,760,000 Dec 2023 2,169 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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