Property summary
This exceptional commercial land opportunity presents a turnkey bar and restaurant operation in the heart of Eldridge, IA. The property encompasses a 2,176 square foot building on a single-tenant lot, zoned C (Commercial), and identified by APN 931150905141. Established in 2014, the business boasts a complete renovation with high-quality equipment, including a dishwasher and ice machine (both approximately two years old), a walk-in cooler, a walk-in freezer, and a keg cooler. The property… also features a large back patio with a service window in an attached structure, and cellar doors for convenient deliveries. The current gross lease is $3,500 per month, contingent upon the tenant purchasing the business for $395,000 at lease execution. The lease agreement includes an option for the tenant to purchase the real estate for $750,000. Financial information is available upon request and the execution of a non-disclosure agreement with serious buyers. Showings are by appointment only, limited to early mornings before 8:00 AM or Mondays after 11:00 AM. The owner retains ownership of all equipment except the oil system, bulk CO2, jukebox, and ATM. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 12 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,712 SF
- Lot area
- 0.08 ac
- Year built
- 1890
- Stories
- 2
- APN
- 931150905141
- Assessed value · 2024
- $271,200
- Annual tax · 2023
- $4,814
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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