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    Property profile & analytics

    316 Grand Ave Spencer, IA 51301-4141

    • Bars
    • 3,000 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 06, 2022
    $2,500
    Location Intelligence
    Property ID
    US25-0530579
    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 Iowa Project Brewing Company / Brewery

    Property Details for 316 Grand Ave

    Year built
    1900
    Lot size
    0.04 lot acres
    Property size
    3,000 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    963618129004
    APU
    963618129004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1443
    Latitude
    43.1409
    CBSA code
    43980
    CBSA name
    SPENCER, 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
    2023
    $3,393
    $25,500
    $166,090
    $191,590
    -
    $25,500
    $166,090
    $191,590

    Comparable in this City

    • Value Estimation
      $210,000
      3,304 SF

      331 11th SW St

      BAR, TAVERN • 3,304 SF
      331 11th SW St, Spencer, IA 51301-5801
      View Details
    • Value Estimation by Request
      2,352 SF

      5 21st St

      BAR, TAVERN • 2,352 SF
      5 21st St, Spencer, IA 51301
      View Details
    • Value Estimation by Request
      3,000 SF

      223 Grand Ave

      BAR, TAVERN • 3,000 SF
      223 Grand Ave, Spencer, IA 51301-4122
      View Details
    • Value Estimation
      $210,000
      7,051 SF

      600 Grand Ave

      BAR, TAVERN • 7,051 SF
      600 Grand Ave, Spencer, IA 51301-3928
      View Details
    • Value Estimation
      $305,000
      2,462 SF

      2304 Hwy Blvd

      BAR, TAVERN • 2,462 SF
      2304 Hwy Blvd, Spencer, IA 51301-2108
      View Details
    • Value Estimation
      $205,000
      3,720 SF

      225 Grand Ave

      BAR, TAVERN • 3,720 SF
      225 Grand Ave, Spencer, IA 51301-4122
      View Details

    Similar Nearby for Sale

    • $599,000
      5,438 SF

      Restaurant with Playground and Office

      5,438 SF property featuring restaurant, playground, and office spaces.
      202 11Th Street Sw Plz SW, Spencer, IA 51301
      View Details
    • $350,000
      9,644 SF

      Former Truck Shop with Extras

      Versatile commercial building with included equipment and additional lot.
      906 E Milwaukee St, Spencer, IA 51301
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    • $33,900
      0.49 Acres

      Residential Land in Spencer, Iowa

      Residential land available in Spencer, close to golf and trails.
      1812 22 Ave W, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.34 Acres

      Residential Land Near Golf Course

      Residential land available near Spencer Golf and Country Club.
      1813 22 Ave W, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Land in Spencer, Iowa

      Land for residential construction in a desirable Spencer location.
      2108 20 Ave W, Spencer, IA 51301
      View Details
    • Contact for pricing
      0.33 Acres

      Residential Lot Near Golf Course

      Residential land available near Spencer Golf and Country Club.
      1809 22 Ave W, Spencer, IA 51301
      View Details
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    316 Grand Ave
    Spencer, IA 51301-4141
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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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