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    Property profile & analytics

    18 4th St Spencer, IA 51301-4009

    • Turn key restaurants
    • 4,525 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Mar 23, 2020
    $80,000
    Location Intelligence
    Property ID
    US25-1729003
    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

    • Van Hofwegen & Munter Family Dentistry / Dentist
    • Chen's Garden / Chinese Restaurant
    • R Bruce Cochrane Implant Dentistry / Dentist / Periodontist
    • Van Hofwegen Family Dentistry: Van Hofwegen Gary DDS / Dentist
    • Dr. Doug Vanhofwegen, DDS / Dentist

    Property Details for 18 4th St

    Year built
    1920
    Lot size
    0.07 lot acres
    Property size
    4,525 SF
    Property type
    Turn key restaurants
    APN
    963618129015
    APU
    963618129015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1437
    Latitude
    43.1411
    CBSA code
    43980
    CBSA name
    SPENCER, IA 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
    $2,238
    $19,970
    $109,310
    $129,280
    -
    $19,970
    $109,310
    $129,280

    Comparable in this City

    • Value Estimation by Request
      3,172 SF

      1019 Grand Ave

      RESTAURANT • 3,172 SF
      1019 Grand Ave, Spencer, IA 51301-5738
      View Details
    • Value Estimation
      $190,000
      2,002 SF

      312 Grand Ave

      RESTAURANT • 2,002 SF
      312 Grand Ave, Spencer, IA 51301-4141
      View Details
    • Value Estimation
      $190,000
      6,000 SF

      419 Grand Ave

      RESTAURANT • 6,000 SF
      419 Grand Ave, Spencer, IA 51301-4026
      View Details
    • Value Estimation
      $195,000
      3,040 SF

      218 Grand Ave

      RESTAURANT • 3,040 SF
      218 Grand Ave, Spencer, IA 51301
      View Details
    • Value Estimation
      $275,000
      6,670 SF

      528 Grand Ave

      RESTAURANT • 6,670 SF
      528 Grand Ave, Spencer, IA 51301-3912
      View Details
    • Value Estimation
      $235,000
      4,080 SF

      1721 1st W Ave

      RESTAURANT • 4,080 SF
      1721 1st W Ave, Spencer, IA 51301-3438
      View Details

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    • Contact for pricing
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    18 4th St
    Spencer, IA 51301-4009
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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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