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    Property profile & analytics

    266 Main St Lansing, IA 52151

    • Bars
    • 1,610 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    May 16, 2024
    Location Intelligence
    Property ID
    US25-1173960
    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

    • Bars

    Property Details for 266 Main St

    Year built
    1916
    Lot size
    0.03 lot acres
    Property size
    1,610 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    829426028
    APU
    829426028

    Description

    This 1,210 square foot mixed-use storefront property at 266 Main Street, Lansing, Iowa, 52151 is available for $195,000. Currently vacant, this Class C building offers a unique opportunity. Previously operating as a successful short-term rental and banquet hall, "The Little Nashville," it boasts a proven track record and existing bookings. The property's location in the charming river town of Lansing, Allamakee County, provides access to both local and tourist markets. The turnkey nature of the business allows for immediate operation or expansion of existing services. The property's versatility allows for various uses, making it an attractive investment in Northeast Iowa's vibrant tourism sector. The building's 1,210 square feet provide ample space for a variety of commercial ventures. This is a rare chance to acquire a profitable, established business in a desirable location. The property is ready for a new owner to capitalize on its potential. Serious inquiries are encouraged.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Allamakee
    State
    Iowa
    Longitude
    -91.2166
    Latitude
    43.362

    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
    $1,928
    $1,800
    $106,300
    $108,100
    -
    $1,800
    $106,300
    $108,100

    Comparable in this City

    • Value Estimation
      $320,000
      3,200 SF

      229 Main St

      BAR, TAVERN • 3,200 SF
      229 Main St, Lansing, IA 52151-7710
      View Details
    • Value Estimation
      $210,000
      3,680 SF

      359 Main St

      RESTAURANT • 3,680 SF
      359 Main St, Lansing, IA 52151
      View Details
    • Value Estimation
      $375,000
      2,700 SF

      10 Frnt St

      RESTAURANT • 2,700 SF
      10 Frnt St, Lansing, IA 52151-7726
      View Details
    • Value Estimation
      $345,000
      3,608 SF

      210 Main St

      RESTAURANT • 3,608 SF
      210 Main St, Lansing, IA 52151-7710
      View Details
    • Value Estimation
      $380,000
      9,306 SF

      200 Main St

      RESTAURANT • 9,306 SF
      200 Main St, Lansing, IA 52151-7772
      View Details
    • Value Estimation
      $225,000
      5,358 SF

      367 Main St

      RESTAURANT • 5,358 SF
      367 Main St, Lansing, IA 52151-4400
      View Details
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    266 Main St
    Lansing, IA 52151
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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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