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    Property profile & analytics

    205 Main St Iowa Falls, IA 50126-2242

    • Turn key restaurants
    • 4,843 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2201127
    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 Main St

    Year built
    1910
    Lot size
    0.15 lot acres
    Property size
    4,843 SF
    Property type
    Turn key restaurants
    APN
    892113434003
    APU
    892113434003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iowa Falls
    County
    Hardin
    State
    Iowa
    Longitude
    -93.2658
    Latitude
    42.519

    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
    $0.00
    $0.00
    $0.00
    $287,060
    -
    $0.00
    $0.00
    $287,060

    Comparable in this City

    • Value Estimation by Request
      1,148 SF

      11237 Hwy 65

      RESTAURANT • 1,148 SF
      11237 Hwy 65, Iowa Falls, IA 50126-8828
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    • Value Estimation by Request
      3,080 SF

      1011 Main St

      RESTAURANT • 3,080 SF
      1011 Main St, Iowa Falls, IA 50126
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    • Value Estimation by Request
      2,992 SF

      706 Washington Ave

      RESTAURANT • 2,992 SF
      706 Washington Ave, Iowa Falls, IA 50126-2115
      View Details
    • Value Estimation
      $220,000
      4,716 SF

      607 Washington Ave

      RESTAURANT • 4,716 SF
      607 Washington Ave, Iowa Falls, IA 50126-2216
      View Details
    • Value Estimation
      $195,000
      1,878 SF

      211 Oak St

      RESTAURANT • 1,878 SF
      211 Oak St, Iowa Falls, IA 50126-2303
      View Details
    • Value Estimation
      $190,000
      1,056 SF

      424 Oak St

      RESTAURANT • 1,056 SF
      424 Oak St, Iowa Falls, IA 50126-2338
      View Details

    Similar Nearby for Sale

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      Pending

      Iowa Falls Commercial Property For Sale

      Highly visible commercial property ideal for retail, automotive, or redevelopment.
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    • $70,000
      1.67 Acres

      Residential Land in Iowa Falls

      1.67 acre residential lot in established Iowa Falls subdivision.
      Tbd 1.67 Acres Thurston Ln, Iowa Falls, IA 50126
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    • $99,500
      Pending

      Iowa Falls Duplex Investment

      Duplex near downtown Iowa Falls, great investment or single-family conversion.
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    • Contact for pricing

      Residential Lots Near Downtown

      Residential land for building a home near downtown Iowa Falls.
      110 Rocksylvania Ave, Iowa Falls, IA 50126
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    • $107,000
      2,860 SF

      Iowa Falls Triplex Investment Opportunity

      Triplex with three units and potential for a fourth.
      515 Main St, Iowa Falls, IA 50126
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    • $185,000
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      New Industrial Building For Sale

      3,600 sqft industrial building perfect for business or storage.
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    205 Main St
    Iowa Falls, IA 50126-2242
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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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