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    Property profile & analytics

    3 Main St Ventura, IA 50482

    • Drive through restaurants
    • 448 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Feb 15, 2024
    $125,000
    Location Intelligence
    Property ID
    US25-0665110
    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

    • The Viking / American Restaurant / Ice Cream Shop

    Property Details for 3 Main St

    Year built
    1972
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    448 SF
    Property type
    Drive through restaurants
    APN
    52010100200
    APU
    52010100200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.4775
    Latitude
    43.1261
    CBSA code
    32380
    CBSA name
    MASON CITY, IA MICROPOLITAN STATISTICAL AREA

    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
    $2,038
    $3,400
    $53,230
    $56,630
    -
    $3,400
    $53,230
    $56,630

    Comparable in this City

    • Value Estimation by Request
      2,060 SF

      102 Weimer St

      BAR, TAVERN • 2,060 SF
      102 Weimer St, Ventura, IA 50482
      View Details
    • Value Estimation
      $105,000
      10,562 SF

      104 Weimer St

      BAR, TAVERN • 10,562 SF
      104 Weimer St, Ventura, IA 50482-5035
      View Details
    • Value Estimation
      $315,000
      1,547 SF

      702 Lk St

      RESTAURANT • 1,547 SF
      702 Lk St, Ventura, IA 50482-5005
      View Details
    • Value Estimation
      $275,000
      3,293 SF

      2 Lk St

      RESTAURANT • 3,293 SF
      2 Lk St, Ventura, IA 50482-5026
      View Details
    • Value Estimation
      $200,000
      1,936 SF

      5 Ventura St

      FINANCIAL BUILDING • 1,936 SF
      5 Ventura St, Ventura, IA 50482-5058
      View Details
    • Value Estimation
      $215,000
      3,248 SF

      1 Weimer St

      CONVENIENCE STORE • 3,248 SF
      1 Weimer St, Ventura, IA 50482-5059
      View Details
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    3 Main St
    Ventura, IA 50482
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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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