209 Erie St Missouri Valley, IA 51555-1532
Property profile & analytics
209 Erie St, Missouri Valley, IA 51555-1532
- Turn key restaurants
- 2,352 SF
- 0.07 lot acres
Property ID
US25-2162355
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.
Location Intelligence
Current Use by Public Records
- The Bucksnort / Restaurant
Property Details for 209 Erie St
- Year built
- 2007
- Construction
- FRAME
- Lot size
- 0.07 lot acres
- Property size
- 2,352 SF
- Property type
- Turn key restaurants
- APN
- 600002420400000
- APU
- 600002420400000
Description
This exceptional investment opportunity presents a standalone restaurant building and equipment for sale at $199,000. Located at 209 E Erie St, Missouri Valley, IA 51555, this 2,352 square foot Class C property boasts a strong 16.81% cap rate and a substantial net operating income (NOI) of $33,444. The property, built in 2007, is currently 100% occupied by a franchisee tenant under a gross lease agreement with approximately 1.7 years remaining on a 5-year lease (commencing July 12, 2021, and expiring July 19, 2026). The tenant is responsible for all interior building and equipment maintenance, minimizing owner responsibilities. The included equipment was recently appraised at over $60,000. This is a value-add opportunity with a single tenant operating multiple locations throughout the Southwest Iowa region, providing a stable income stream. The sale is offered as an owner/user investment, providing a strong return on investment. The property is owned by an LLC and is being sold by the owner. This is a rare opportunity to acquire a profitable, established restaurant with significant upside potential. The asking price per square foot is $84.61.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Missouri Valley
- County
- Harrison
- State
- Iowa
- Longitude
- -95.8927
- Latitude
- 41.5566
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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
2022
$2,133
$7,130
$124,160
$131,290
-
$7,130
$124,160
$131,290
