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    Property profile & analytics

    1914 Edgington Ave Eldora, IA 50627

    • Drive through restaurants
    • 3,280 SF
    • 0.46 lot acres
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1628722
    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

    • Pizza Ranch / Delivery Restaurant / Pizza Delivery

    Property Details for 1914 Edgington Ave

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    3,280 SF
    Property type
    Drive through restaurants
    APN
    871907254009
    APU
    871907254009

    Description

    This exceptional 3,280 square foot retail building presents a remarkable opportunity for entrepreneurs in Eldora, Iowa. Located at 1914 Edgington Avenue, this property sits on a 0.46-acre lot and offers a large, dedicated parking area for customer convenience. Previously occupied by a restaurant, the building boasts a flexible interior layout, providing a blank canvas for customization to suit a variety of business needs. Its prime location ensures high visibility and significant foot traffic, making it an ideal space for restaurants, cafes, or other retail establishments seeking a thriving community setting. The property's expansive size allows for ample room for operations and potential expansion. All interior contents will be auctioned separately at a later date, presenting a unique chance to acquire valuable assets. This turnkey property is ready for immediate occupancy and offers a strong foundation for a successful business venture in a growing market. The asking price for this exceptional opportunity is $265,000. Don't miss this chance to establish your business in this desirable Eldora location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $305,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $360,000
      Mixed-Use
      $355,000
      Hospitality
      $325,000
      Educational
      $290,000
      Residential Income
      $265,000
      Energy
      $315,000
      Income-Based Land
      $270,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Eldora
    County
    Hardin
    State
    Iowa
    Longitude
    -93.1076
    Latitude
    42.3608

    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
    $325
    $22,570
    $314,100
    $336,670
    -
    $22,570
    $314,100
    $336,670

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      30473 260th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 7,200 SF
      30473 260th St, Eldora, IA 50627-8294
      View Details
    • Value Estimation by Request
      2,804 SF

      709 Edgington Ave

      RESTAURANT • 2,804 SF
      709 Edgington Ave, Eldora, IA 50627-1815
      View Details
    • Value Estimation
      $380,000
      2,160 SF

      1202 19th St

      RESTAURANT • 2,160 SF
      1202 19th St, Eldora, IA 50627-1152
      View Details
    • Value Estimation by Request
      1,600 SF

      1243 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      1243 Washington St, Eldora, IA 50627-1629
      View Details
    • Value Estimation by Request
      19.20 Acres

      Eldora, IA 50627

      RETAIL STORES (PERSONAL SERVICES) • 19.20 Acres
      Eldora, IA 50627
      View Details
    • Value Estimation
      $660,000
      24,782 SF

      1425 Edgington Ave

      RETAIL STORES (PERSONAL SERVICES) • 24,782 SF
      1425 Edgington Ave, Eldora, IA 50627-1621
      View Details

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    Similar Nearby for Lease

    • $500 /Mo

      Remodeled Commercial Space on Main

      Remodeled commercial space for lease on main street.
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    • $500 /Mo
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      Remodeled commercial space with kitchenettes, parking, and prime location.
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      View Details
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    1914 Edgington Ave
    Eldora, IA 50627
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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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