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    Property profile & analytics

    224 8th SW St Orange City, IA 51041-1929

    • Drive through restaurants
    • 1,922 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US25-1912687
    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

    • Drive through restaurants

    Property Details for 224 8th SW St

    Year built
    1972
    Lot size
    0.33 lot acres
    Property size
    1,922 SF
    Property type
    Drive through restaurants
    APN
    23-05-226-002
    APU
    2305226002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $385,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $420,000
      Mixed-Use
      $395,000
      Hospitality
      $335,000
      Educational
      $335,000
      Residential Income
      $385,000
      Energy
      $425,000
      Income-Based Land
      $395,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Orange City
    County
    Sioux
    State
    Iowa
    Longitude
    -96.0609
    Latitude
    42.9972

    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
    $8,576
    $57,670
    $308,370
    $366,040
    -
    $57,670
    $308,370
    $366,040

    Comparable in this City

    • Value Estimation
      $120,000
      1,056 SF

      917 8th SE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,056 SF
      917 8th SE St, Orange City, IA 51041-7464
      View Details
    • Value Estimation
      $380,000
      2,032 SF

      208 8th SE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,032 SF
      208 8th SE St, Orange City, IA 51041-1971
      View Details
    • Value Estimation
      $205,000
      3,167 SF

      809 Albany SE Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,167 SF
      809 Albany SE Pl, Orange City, IA 51041-1936
      View Details
    • Value Estimation by Request
      4,672 SF

      1505 8th SE St

      RESTAURANT • 4,672 SF
      1505 8th SE St, Orange City, IA 51041-7447
      View Details
    • Value Estimation
      $315,000
      5,500 SF

      125 Central NE Ave

      RESTAURANT • 5,500 SF
      125 Central NE Ave, Orange City, IA 51041-1465
      View Details
    • Value Estimation
      $180,000
      2,904 SF

      121 3rd NW St

      RESTAURANT • 2,904 SF
      121 3rd NW St, Orange City, IA 51041-1307
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.00 Acre

      Restaurant Opportunity in Orange City

      Commercial property ideal for restaurant or other business ventures.
      814 Lincoln Pl SE, Orange City, IA 51041
      View Details
    • $340,000
      1,715 SF

      Orange City Multi-Unit For Sale

      Multi-unit residential property in Orange City, Iowa.
      120 Delaware Ave SW, Orange City, IA 51041
      View Details
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    Orange City, IA 51041-1929
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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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