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    Property profile & analytics

    18 2nd NW St Le Mars, IA 51031-3230

    • Bars
    • 6,000 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Dec 30, 2022
    Location Intelligence
    Property ID
    US25-2385544
    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

    • Baacker's Sports Bar / Sports Bar

    Property Details for 18 2nd NW St

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    6,000 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    12-09-381-012
    APU
    1209381012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Mars
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.1668
    Latitude
    42.7953

    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
    $2,638
    $22,950
    $180,540
    $203,490
    -
    $22,950
    $180,540
    $203,490

    Comparable in this City

    • Value Estimation
      $350,000
      2,822 SF

      123 Central SW Ave

      BAR, TAVERN • 2,822 SF
      123 Central SW Ave, Le Mars, IA 51031-3620
      View Details
    • Value Estimation by Request
      3,825 SF

      22 Central NE Ave

      BAR, TAVERN • 3,825 SF
      22 Central NE Ave, Le Mars, IA 51031-3515
      View Details
    • Value Estimation by Request
      2,337 SF

      14 Central SE Ave

      BAR, TAVERN • 2,337 SF
      14 Central SE Ave, Le Mars, IA 51031-3519
      View Details
    • Value Estimation
      $245,000
      4,282 SF

      32 Central NE Ave

      BAR, TAVERN • 4,282 SF
      32 Central NE Ave, Le Mars, IA 51031-3515
      View Details
    • Value Estimation
      $320,000
      1,440 SF

      11 5th NW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,440 SF
      11 5th NW Ave, Le Mars, IA 51031-3426
      View Details
    • Value Estimation
      $175,000
      2,224 SF

      104 Central NE Ave

      RESTAURANT • 2,224 SF
      104 Central NE Ave, Le Mars, IA 51031-3516
      View Details

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      Residential lot in LeMars, Iowa, ready for your dream home.
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      LeMars Commercial Storage Unit For Sale

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      LeMars Commercial Property with Frontage

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    18 2nd NW St
    Le Mars, IA 51031-3230
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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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