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    Property profile & analytics

    229 Ww St Grinnell, IA 50112-2313

    • Drive through restaurants
    • 2,794 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US25-0315722
    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 229 Ww St

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property size
    2,794 SF
    Property type
    Drive through restaurants
    APN
    523800
    APU
    523800

    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
    -92.7278
    Latitude
    41.7342

    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
    $5,072
    $115,880
    $115,480
    $231,360
    -
    $115,880
    $115,480
    $231,360

    Comparable in this City

    • Value Estimation
      $205,000
      568 SF

      1810 6th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 568 SF
      1810 6th Ave, Grinnell, IA 50112-1730
      View Details
    • Value Estimation
      $375,000
      1,610 SF

      1102 Ww St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,610 SF
      1102 Ww St, Grinnell, IA 50112-1646
      View Details
    • Value Estimation
      $300,000
      1,604 SF

      1020 Ww St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,604 SF
      1020 Ww St, Grinnell, IA 50112-1645
      View Details
    • Value Estimation by Request
      2,924 SF

      706 Ww St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,924 SF
      706 Ww St, Grinnell, IA 50112-2242
      View Details
    • Value Estimation
      $420,000
      3,342 SF

      1019 Ww St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,342 SF
      1019 Ww St, Grinnell, IA 50112-1645
      View Details
    • Value Estimation
      $275,000
      1,288 SF

      812 6th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,288 SF
      812 6th Ave, Grinnell, IA 50112-1607
      View Details

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    229 Ww St
    Grinnell, IA 50112-2313
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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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