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    Property profile & analytics

    227 Main St Albert City, IA 50510

    • Turn key restaurants
    • 10,000 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 04, 2024
    Location Intelligence
    Property ID
    US25-0720134
    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 227 Main St

    Year built
    1917
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    10,000 SF
    Property type
    Turn key restaurants
    APN
    08-14-353-001
    APU
    814353001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albert City
    County
    Buena Vista
    State
    Iowa
    Longitude
    -94.9496
    Latitude
    42.7813
    CBSA code
    44740
    CBSA name
    STORM LAKE, IA MICROPOLITAN 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
    2023
    $1,462
    $5,800
    $90,040
    $95,840
    -
    $5,800
    $90,040
    $95,840

    Comparable in this City

    • Value Estimation by Request
      2,728 SF

      228 Main St

      RESTAURANT • 2,728 SF
      228 Main St, Albert City, IA 50510-1223
      View Details
    • Value Estimation by Request
      1,648 SF

      129 Main St

      RESTAURANT • 1,648 SF
      129 Main St, Albert City, IA 50510-1217
      View Details
    • Value Estimation by Request
      1,232 SF

      102 14

      SERVICE STATION (FULL SERVICE) • 1,232 SF
      102 14, Albert City, IA 50510
      View Details
    • Value Estimation by Request
      2,472 SF

      226 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,472 SF
      226 Main St, Albert City, IA 50510
      View Details
    • Value Estimation by Request
      3,250 SF

      123 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,250 SF
      123 Main St, Albert City, IA 50510
      View Details
    • Value Estimation
      $250,000
      2,112 SF

      502 14

      CONVENIENCE STORE • 2,112 SF
      502 14, Albert City, IA 50510
      View Details
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    227 Main St
    Albert City, IA 50510
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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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