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Property profile & analytics
OFF-MARKET Estimated value $540,000
Turn key restaurants

3150 24th Ave Council Bluffs, IA 51501-7479

4,876 SF 1.64 ac lot Built 2006
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US25-0365299
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 4,876 SF
Lot 1.64 ac (71,438 SF)
Zoning code P-C
APN 7444 03 326 001
UPID US25-0365299
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
  • Home Team Cookout Restaurant
  • Home Team Cookout Bar And Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$540k
Owner & transaction history
Rpb Farms LLC · 6 yrs held
Rpb Farms LLC
since 2020
Last sale
$590,000
3 recorded transactions
2020
$590,000
2015
Price N/A
1969
Price N/A
Zoning & alternative use
P-C · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 15.18 - P-C/PLANNED COMMERCIAL DISTRICT 15.18.010 Statement Of Intent 15.18.020 Principal Uses 15.18.030 Conditional Uses 15.18.040 Accessory Uses 15.18.050 Site Development Regulations 15.18.055 Additional Regulations 15.18.060 Development Plan Review Procedure 15.18.070 Signs 15.18.010 Statement Of Intent The PC district is intended to provide for…

Zone name Planned Commercial District
General category COMMERCIAL
Zone area 996.47 ac
Source Council Bluffs : Municipal Code
Top alternative use upside
Office building $545,000 +21.9%
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