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    Property profile & analytics

    1826 Hwy 18 Algona, IA 50511-7164

    • Bars
    • 2,104 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0525342
    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

    • Bars

    Property Details for 1826 Hwy 18

    Year built
    1920
    Lot size
    0.85 lot acres
    Property size
    2,104 SF
    Property type
    Bars
    APN
    23-01-228-018
    APU
    2301228018

    Description

    This exceptional turnkey business opportunity in Algona, Iowa, presents a rare chance to acquire an established operation complete with building, land, furniture, fixtures, and all inventory. The property, located at 1826 Hwy 18, sits on a sizable 0.85-acre lot, encompassing two parcels: a 60' x 220' west lot and a 66' x 280' south lot. The main building boasts significant recent upgrades, including a new 20' x 20' kitchen (added in 2023), a 12' x 10' walk-in cooler, and a 12' x 10' walk-in freezer, all installed in 2023. Further enhancing the property's functionality are renovated bathrooms (2020) and a unique heated enclosed porch, also completed in 2020. The building is equipped with two furnaces and two central air units, ensuring comfortable climate control throughout. This is a truly remarkable opportunity for an entrepreneur seeking an immediately operational business with existing infrastructure and established clientele. The asking price for this complete package is $285,000. Don't miss this chance to own a thriving business and its associated assets. Contact us today to schedule a showing.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algona
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.0896
    Latitude
    43.0826

    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
    2021
    $691
    $21,250
    $70,528
    $91,778
    -
    $21,250
    $70,528
    $91,778

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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    • Value Estimation by Request
      4,370 SF

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      View Details

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    1826 Hwy 18
    Algona, IA 50511-7164
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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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