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    Property profile & analytics

    202 1St Ave Rock Rapids, IA 51246

    • Bars
    • 14,344 SF
    • 0.15 lot acres
    For Sale
    View listing
    $399,000
    Value Estimation
    Last Sale
    Mar 27, 2020
    $27,500
    Location Intelligence
    Property ID
    US25-2067430
    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 202 1St Ave

    Year built
    1889
    Lot size
    0.15 lot acres
    Property size
    14,344 SF
    Zone code
    COMM-SMALL BUSINESS
    Property type
    Bars
    Property subtype
    Pubs
    APN
    350000014600000
    APU
    350000014600000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rock Rapids
    County
    Lyon
    State
    Iowa
    Longitude
    -96.1671
    Latitude
    43.4316

    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
    $1,796
    $16,830
    $351,348
    $368,178
    -
    $0.00
    $0.00
    $380,670

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

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      BAR, TAVERN • 2,400 SF
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    • Value Estimation
      $200,000
      2,750 SF

      113 Story St

      BAR, TAVERN • 2,750 SF
      113 Story St, Rock Rapids, IA 51246-1525
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    • Value Estimation by Request
      1,733 SF

      409 1st Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,733 SF
      409 1st Ave, Rock Rapids, IA 51246-1011
      View Details
    • Value Estimation by Request
      2,400 SF

      Rock Rapids, IA 51246

      RESTAURANT • 2,400 SF
      Rock Rapids, IA 51246
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      15,000 SF

      318 1st Ave

      RESTAURANT • 15,000 SF
      318 1st Ave, Rock Rapids, IA 51246-1506
      View Details
    • Value Estimation by Request
      5,000 SF

      114 Story St

      RESTAURANT • 5,000 SF
      114 Story St, Rock Rapids, IA 51246-1526
      View Details

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    202 1St Ave
    Rock Rapids, IA 51246
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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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