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    Property profile & analytics

    2 Frederick Ave Oelwein, IA 50662-2305

    • Turn key restaurants
    • 4,141 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $130,000
    Last Sale
    Feb 07, 2023
    $120,000
    Location Intelligence
    Property ID
    US25-2369014
    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

    • The Sugar Shack / Bakery

    Property Details for 2 Frederick Ave

    Year built
    1910
    Construction
    BRICK
    Lot size
    0.11 lot acres
    Property size
    4,141 SF
    Property type
    Turn key restaurants
    APN
    1821328022
    APU
    1821328022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oelwein
    County
    Fayette
    State
    Iowa
    Longitude
    -91.9137
    Latitude
    42.6783

    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
    $1,950
    $13,870
    $89,000
    $102,870
    -
    $13,870
    $89,000
    $102,870

    Comparable in this City

    • Value Estimation by Request
      1,405 SF

      800 Frederick Ave

      RESTAURANT • 1,405 SF
      800 Frederick Ave, Oelwein, IA 50662-3030
      View Details
    • Value Estimation
      $315,000
      5,808 SF

      29 Frederick Ave

      RESTAURANT • 5,808 SF
      29 Frederick Ave, Oelwein, IA 50662-2304
      View Details
    • Value Estimation
      $330,000
      1,849 SF

      841 Frederick Ave

      RESTAURANT • 1,849 SF
      841 Frederick Ave, Oelwein, IA 50662-3029
      View Details
    • Value Estimation by Request
      2,336 SF

      809 Charles St

      RESTAURANT • 2,336 SF
      809 Charles St, Oelwein, IA 50662-1949
      View Details
    • Value Estimation by Request
      4,524 SF

      21 Frederick Ave

      RESTAURANT • 4,524 SF
      21 Frederick Ave, Oelwein, IA 50662-2304
      View Details
    • Value Estimation
      $400,000
      4,501 SF

      125 1st SE Ave

      RESTAURANT • 4,501 SF
      125 1st SE Ave, Oelwein, IA 50662-2320
      View Details

    Similar Nearby for Sale

    • $92,000
      1,150 SF

      Prime Oelwein Retail Investment

      High-Visibility Retail & Apartment
      3 Charles St, Oelwein, IA 50662
      View Details
    • $99,500
      0.11 Acres

      Versatile Commercial Building with Apartments

      Two-story commercial building with office space and apartment potential.
      14 E Charles St, Oelwein, IA 50662
      View Details
    • $35,000
      1.52 Acres

      Oelwein Commercial Land Opportunity

      1.52-acre commercial lot in Oelwein, Iowa, for sale.
      S Frederick & Wildwood Ln, Oelwein, IA 50662
      View Details
    • New
      Contact for pricing
      Pending

      Productive Farmland Auction in Oelwein

      170.29 acres of highly tillable Fayette County farmland for sale.
      Q Ave, Oelwein, IA 50662
      View Details
    • New
      Contact for pricing
      Pending

      Productive Farmland Auction in Oelwein

      170.29 acres of prime Fayette County farmland for sale.
      Q Ave, Oelwein, IA 50662
      View Details
    • $299,000

      Commercial Lot in Oelwein

      Commercial lot available for sale, lease, or build to suit.
      Rock Island Rd, Oelwein, IA 50662
      View Details
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    2 Frederick Ave
    Oelwein, IA 50662-2305
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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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