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    Property profile & analytics

    2303 Hwy 24 New Hampton, IA 50659-9074

    • Turn key restaurants
    • 4,126 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    May 01, 2024
    $165,000
    Location Intelligence
    Property ID
    US25-1910848
    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 2303 Hwy 24

    Year built
    1945
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    4,126 SF
    Property type
    Turn key restaurants
    APN
    19-10-08-2-50-005
    APU
    191008250005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Chickasaw
    State
    Iowa
    Longitude
    -92.2982
    Latitude
    43.0597

    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
    $1,514
    $20,800
    $121,300
    $142,100
    -
    $20,800
    $121,300
    $142,100

    Comparable in this City

    • Value Estimation by Request
      11,040 SF

      2205 Linn Ave

      RESTAURANT • 11,040 SF
      2205 Linn Ave, New Hampton, IA 50659-9413
      View Details
    • Value Estimation
      $370,000
      3,506 SF

      929 Milwaukee St

      RESTAURANT • 3,506 SF
      929 Milwaukee St, New Hampton, IA 50659-1019
      View Details
    • Value Estimation by Request
      112 SF

      13 Chestnut Ave

      RESTAURANT • 112 SF
      13 Chestnut Ave, New Hampton, IA 50659
      View Details
    • Value Estimation
      $345,000
      2,554 SF

      421 Linn Ave

      RESTAURANT • 2,554 SF
      421 Linn Ave, New Hampton, IA 50659-2023
      View Details
    • Value Estimation by Request
      3,445 SF

      403 Linn Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,445 SF
      403 Linn Ave, New Hampton, IA 50659-2023
      View Details
    • Value Estimation by Request
      2,216 SF

      9 Walnut Ave

      BAR, TAVERN • 2,216 SF
      9 Walnut Ave, New Hampton, IA 50659-2005
      View Details
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    2303 Hwy 24
    New Hampton, IA 50659-9074
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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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