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    Property profile & analytics

    2007 Us Hwy 59 Shenandoah, IA 51601-4010

    • Turn key restaurants
    • 608 SF
    • 3.75 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Mar 22, 2021
    Location Intelligence
    Property ID
    US25-2204895
    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

    • Turn key restaurants

    Property Details for 2007 Us Hwy 59

    Year built
    2014
    Construction
    FRAME
    Lot size
    3.75 lot acres
    Property size
    608 SF
    Property type
    Turn key restaurants
    APN
    40040052010000
    APU
    40040052010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shenandoah
    County
    Fremont
    State
    Iowa
    Longitude
    -95.3862
    Latitude
    40.7563

    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
    $4,510
    $96,880
    $162,740
    $259,620
    -
    $96,880
    $162,740
    $259,620

    Comparable in this City

    • Value Estimation
      $400,000
      2,160 SF

      309 Fremont St

      RESTAURANT • 2,160 SF
      309 Fremont St, Shenandoah, IA 51601-1503
      View Details
    • Value Estimation
      $380,000
      2,856 SF

      1402 Sheridan Ave

      RESTAURANT • 2,856 SF
      1402 Sheridan Ave, Shenandoah, IA 51601-2800
      View Details
    • Value Estimation
      $450,000
      13,800 SF

      500 Sheridan Ave

      RESTAURANT • 13,800 SF
      500 Sheridan Ave, Shenandoah, IA 51601-1706
      View Details
    • Value Estimation
      $390,000
      3,300 SF

      606 Sheridan Ave

      RESTAURANT • 3,300 SF
      606 Sheridan Ave, Shenandoah, IA 51601-1708
      View Details
    • Value Estimation
      $100,000
      2,484 SF

      615 Sheridan Ave

      RESTAURANT • 2,484 SF
      615 Sheridan Ave, Shenandoah, IA 51601-1707
      View Details
    • Value Estimation
      $225,000
      12,750 SF

      709 Fremont St

      RESTAURANT • 12,750 SF
      709 Fremont St, Shenandoah, IA 51601-2101
      View Details

    Similar Nearby for Sale

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      Pending

      Shenandoah Commercial Building For Sale

      Commercial building with soda fountain and office spaces in Shenandoah.
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    • $100,000
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      Shenandoah Commercial Building For Sale

      Commercial building for sale in Shenandoah, Iowa.
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    • $110,000
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      Shenandoah Commercial Building Investment

      Prime Shenandoah location, adjacent to George Jay Building.
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    • $110,000
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      Historic Shenandoah Commercial Building

      Prime Shenandoah location, versatile space.
      612 Sheridan Ave, Shenandoah, IA 51601
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    • $50,000
      0.61 Acres

      Residential Lots in Parkwood Estates

      Residential lots available for building a home with utility access.
      Walnut St, Shenandoah, IA 51601
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    • New
      $239,000
      1,960 SF

      Shenandoah Ranch Home on Acreage

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    Similar Nearby for Lease

    • Contact for pricing
      4,084 SF

      Restaurant Space Near Walmart

      Turnkey restaurant space with built-in customer base near Walmart.
      225 S Fremont St, Shenandoah, IA 51601
      View Details
    • $9 SF/Yr
      92,442 SF

      512 Fremont St

      Retail properties • 92,442 SF
      512 Fremont St, Shenandoah, IA 51601
      View Details
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    Shenandoah, IA 51601-4010
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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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