Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

212 River Ave S Belmond, IA 50421

FOR SALE
Turn key restaurants
Property ID
US25-1585016
3,301 SF 0.22 ac lot Built 1958
Last sale Nov 2009 · $52,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a restaurant and bar facility at 212 River Ave S in Belmond, Iowa, together with a neighboring building at 214 River Ave S. It is configured to support on-premises food and beverage service and includes the restaurant/bar furniture, bar fixtures, and kitchen and bar equipment. The second building adds approximately 1,600 square feet of additional space that can function as storage and/or office space, support operational needs, or allow for expansion or other redevelopment uses subject to applicable local requirements and intended use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$96k
Assessed land$9k
Assessed improvement$87k
Effective rate1.79%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$270k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWRIGHT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.0
Dental Office11.0
Law Firm10.3

Location

212 River Ave S Belmond, IA 50421
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
328 Main, Belmond, IA 50421-1125 $25,000 Feb 2026 2,589 SF
244 Main, Belmond, IA 50421-1123 $95,000 Mar 2025 4,032 SF
520 Riv N, Belmond, IA 50421-1041 $65,000 Apr 2024 2,886 SF
323 Main, Belmond, IA 50421-1124 $50,000 Aug 2023 4,970 SF
220 Main, Belmond, IA 50421-1123 $55,000 Aug 2023 4,730 SF
231 Main, Belmond, IA 50421-1122 $35,000 Jul 2021 3,135 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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