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    Property profile & analytics

    218 Iris Ave Hobart, OK 73651

    • Turn key restaurants
    • 2,251 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US69-1786481
    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 218 Iris Ave

    Year built
    1948
    Lot size
    0.17 lot acres
    Property size
    2,251 SF
    Property type
    Turn key restaurants
    APN
    1001-00-006-010-0-000-00
    APU
    100100006010000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Kiowa
    State
    Oklahoma
    Longitude
    -99.0953
    Latitude
    35.0291

    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
    $594
    $1,320
    $5,031
    $6,351
    -
    $12,000
    $50,342
    $62,342

    Comparable in this City

    • Value Estimation by Request
      2,160 SF

      Hobart, OK 73651

      RESTAURANT • 2,160 SF
      Hobart, OK 73651
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      200 SF

      1009 Park St

      RESTAURANT • 200 SF
      1009 Park St, Hobart, OK 73651-5424
      View Details
    • Value Estimation by Request
      1,159 SF

      219 Main St

      RESTAURANT • 1,159 SF
      219 Main St, Hobart, OK 73651-3627
      View Details
    • Value Estimation
      $60,000
      2,500 SF

      104 4th St

      RESTAURANT • 2,500 SF
      104 4th St, Hobart, OK 73651-4004
      View Details
    • Value Estimation by Request
      360 SF

      Hobart, OK 73651

      RESTAURANT • 360 SF
      Hobart, OK 73651
      View Details
    • Value Estimation by Request
      80 SF

      418 Jefferson St

      RESTAURANT • 80 SF
      418 Jefferson St, Hobart, OK 73651-4014
      View Details
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    218 Iris Ave
    Hobart, OK 73651
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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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