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    Property profile & analytics

    229 6th W Ave Grinnell, IA 50112-8230

    • Turn key restaurants
    • 3,248 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Oct 06, 2022
    Location Intelligence
    Property ID
    US25-0373082
    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 229 6th W Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.73 lot acres
    Property size
    3,248 SF
    Property type
    Turn key restaurants
    APN
    595900
    APU
    595900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.739
    Latitude
    41.7465

    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
    $5,986
    $73,500
    $186,420
    $259,920
    -
    $73,500
    $186,420
    $259,920

    Comparable in this City

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      $190,000
      8,130 SF

      908 Main St

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    • Value Estimation
      $235,000
      10,040 SF

      909 State St

      RESTAURANT • 10,040 SF
      909 State St, Grinnell, IA 50112-2013
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    • Value Estimation
      $200,000
      10,394 SF

      831 Main St

      RESTAURANT • 10,394 SF
      831 Main St, Grinnell, IA 50112-2147
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    • Value Estimation by Request
      5,361 SF

      101 Ww St

      RESTAURANT • 5,361 SF
      101 Ww St, Grinnell, IA 50112-2311
      View Details
    • Value Estimation
      $500,000
      9,000 SF

      2110 Ww S St

      RESTAURANT • 9,000 SF
      2110 Ww S St, Grinnell, IA 50112-8109
      View Details
    • Value Estimation
      $570,000
      4,777 SF

      1014 3rd Ave

      RESTAURANT • 4,777 SF
      1014 3rd Ave, Grinnell, IA 50112-2112
      View Details

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    Grinnell, IA 50112-8230
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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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