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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Hotels
2712 24th St Council Bluffs, IA 51501-6949
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US25-0276216
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Lot
1.7 ac (74,052 SF)
Zoning code
P-C
APN
7444 03 400 012
UPID
US25-0276216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Super 8 by Wyndham Council Bluffs IA Omaha NE Area Hotel & Motel
-
Lanes Speedy Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Sri Satguru Hospitality LLC · 4 yrs held
Sri Satguru Hospitality LLC
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
P-C · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Council Bluffs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Council Bluffs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,090,000
ML approach
$2,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10% · vs last sale $2.40M (Jan 18 2022)
Last sale anchor
$2.40M
Jan 18 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$91,262
Tax year 2023
Assessed value
$2,464,900
Assessed 2024
Previous assessed
$2,464,900
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$675,000
Assessed improvement
$1,789,900
Land market value
$675,000
Improvement market value
$1,789,900
Total market value
$2,464,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
83
Lot
1.7 ac (74,052 SF)
Zoning code
P-C
APN
7444 03 400 012
UPID
US25-0276216
Jurisdiction
POTTAWATTAMIE
Zoning & alternative use
P-C · Council Bluffs, IA
Zoning P-C · permitted uses
P-C · Council Bluffs, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Council Bluffs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
83
Lot
1.7 ac
Current owner
From public records · entity-resolved
Sri Satguru Hospitality LLC
Entity
Mailing address
2712 S 24TH ST, COUNCIL BLUFFS, IA 51501-6949
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Sri Satguru Hospitality LLC
—
Deed
related
$2,270,000 · First Westroads Bank INC
Jan 18, 2022
$2,400,000
Sri Satguru Hospitality LLC
S & T Investments LLC
Warranty Deed
$2,158,000 · Bank Of George
Aug 13, 2013
—
S & T Investments LLC
Eighty-twentynine Ltd
Grant Deed
related
—
Jun 21, 2013
$2,275,000
S & T Investments LLC
Eighty-twentynine Ltd
Warranty Deed
$1,137,500 · Council Bluffs Savings Bank
—
—
S & T Investments LLC
—
Deed Of Trust
related
$1,137,500 · Council Bluffs Savings Bank
—
—
S & T Investments LLC
—
Loan Modification
related
$901,250 · Council Bluffs Savings Bank
—
—
S & T Investments LLC
—
Loan Modification
related
$901,250 · Council Bluffs Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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