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    Property profile & analytics

    228 Main St Fayette, IA 52142

    • Turn key restaurants
    • 2,412 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US25-2301003
    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 228 Main St

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    0.13 lot acres
    Property size
    2,412 SF
    Property type
    Turn key restaurants
    APN
    1128157020
    APU
    1128157020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Fayette
    State
    Iowa
    Longitude
    -91.8025
    Latitude
    42.8425

    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
    $2,544
    $8,290
    $139,180
    $147,470
    -
    $8,290
    $139,180
    $147,470

    Comparable in this City

    • Value Estimation
      $440,000
      8,196 SF

      128 Main St

      RESTAURANT • 8,196 SF
      128 Main St, Fayette, IA 52142-7607
      View Details
    • Value Estimation by Request
      1,908 SF

      106 7th St

      RESTAURANT • 1,908 SF
      106 7th St, Fayette, IA 52142-7653
      View Details
    • Value Estimation by Request
      1,808 SF

      104 Main St

      RESTAURANT • 1,808 SF
      104 Main St, Fayette, IA 52142-7607
      View Details
    • Value Estimation by Request
      1,625 SF

      206 Main St

      BAR, TAVERN • 1,625 SF
      206 Main St, Fayette, IA 52142
      View Details
    • Value Estimation by Request
      2,700 SF

      222 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      222 Main St, Fayette, IA 52142
      View Details
    • Value Estimation by Request
      3,500 SF

      152 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      152 Main St, Fayette, IA 52142-7607
      View Details

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      Prime Fayette location, updated interior, high potential.
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    • $175,800
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      Iowa Pasture and Recreational Land

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    • Contact for pricing
      0.56 Acres

      Spacious Corner Lot in Fayette, IA

      Large 0.56 acre corner lot ready for your dream home.
      608 Colgrove St, Fayette, IA 52142
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    228 Main St
    Fayette, IA 52142
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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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