Property profile

1703 Story St Boone, IA 50036

OFF-MARKET
Turn key restaurants
Property ID
US25-1248217
4,903 SF 1.4 ac lot Built 1979
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction FRAME
Total area 4,903 SF
Lot 1.4 ac (60,984 SF)
Zoning code INC
APN 88426334382029
UPID US25-1248217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center (Bike/Boat/Book/etc) Store
  • Restaurant Buffet

Location

1703 Story St Boone, IA 50036-5228
Boone metro Census 20300 AMES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2017
5 recorded transactions
2017
$860,500
2010
Price N/A
2009
$240,000
2009
Price N/A
2008
Price N/A

Zoning & alternative use

INC · Boone, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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