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    Property profile & analytics

    205 3rd St Mount Pleasant, IA 52641-8340

    • Turn key restaurants
    • 3,456 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US25-0493302
    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 205 3rd St

    Year built
    2001
    Construction
    FRAME
    Lot size
    0.40 lot acres
    Property size
    3,456 SF
    Property type
    Turn key restaurants
    APN
    380070543300600
    APU
    380070543300600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Henry
    State
    Iowa
    Longitude
    -91.6827
    Latitude
    40.9795

    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
    $1,986
    $9,500
    $119,130
    $128,630
    -
    $9,500
    $119,130
    $128,630

    Comparable in this City

    • Value Estimation
      $195,000
      8,778 SF

      129 Jefferson St

      RESTAURANT • 8,778 SF
      129 Jefferson St, Mt Pleasant, IA 52641-2135
      View Details
    • Value Estimation
      $90,000
      4,225 SF

      901 Washington St

      RESTAURANT • 4,225 SF
      901 Washington St, Mt Pleasant, IA 52641-2104
      View Details
    • Value Estimation by Request
      4,552 SF

      708 Grand Ave

      RESTAURANT • 4,552 SF
      708 Grand Ave, Mt Pleasant, IA 52641-3115
      View Details
    • Value Estimation
      $145,000
      4,862 SF

      225 Monroe St

      RESTAURANT • 4,862 SF
      225 Monroe St, Mt Pleasant, IA 52641-2110
      View Details
    • Value Estimation
      $300,000
      8,499 SF

      1110 Washington St

      RESTAURANT • 8,499 SF
      1110 Washington St, Mt Pleasant, IA 52641-3000
      View Details
    • Value Estimation
      $75,000
      3,135 SF

      119 Main St

      RESTAURANT • 3,135 SF
      119 Main St, Mt Pleasant, IA 52641-2027
      View Details

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      Residential Land in Creek View

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      Commercial land with high visibility and easy access.
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    Mount Pleasant, IA 52641-8340
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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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