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    Property profile & analytics

    235 State St Garner, IA 50438-1121

    • Turn key restaurants
    • 3,680 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US25-1556796
    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 235 State St

    Year built
    1920
    Lot size
    0.15 lot acres
    Property size
    3,680 SF
    Property type
    Turn key restaurants
    APN
    2101230170
    APU
    2101230170

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Hancock
    State
    Iowa
    Longitude
    -93.6017
    Latitude
    43.1031

    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
    2022
    $2,486
    $21,730
    $145,720
    $167,450
    -
    $21,730
    $145,720
    $167,450

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      175 Cottonwood Dr

      RESTAURANT • 2,100 SF
      175 Cottonwood Dr, Garner, IA 50438-1129
      View Details
    • Value Estimation
      $180,000
      5,680 SF

      405 State St

      RESTAURANT • 5,680 SF
      405 State St, Garner, IA 50438-1334
      View Details
    • Value Estimation by Request
      4,800 SF

      315 Ctr Ave

      RESTAURANT • 4,800 SF
      315 Ctr Ave, Garner, IA 50438-1220
      View Details
    • Value Estimation
      $225,000
      2,130 SF

      345 State St

      RESTAURANT • 2,130 SF
      345 State St, Garner, IA 50438-1236
      View Details
    • Value Estimation
      $225,000
      1,325 SF

      135 Cottonwood Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,325 SF
      135 Cottonwood Dr, Garner, IA 50438-1129
      View Details
    • Value Estimation by Request
      3,456 SF

      605 Us Hwy 18

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,456 SF
      605 Us Hwy 18, Garner, IA 50438-1019
      View Details

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    235 State St
    Garner, IA 50438-1121
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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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