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    Property profile & analytics

    404 N Main St Marcus, IA 51035

    • Turn key restaurants
    • 1,840 SF
    • 0.06 lot acres
    For Sale
    View listing
    $145,000
    Value Estimation
    Last Sale
    Aug 31, 2023
    $75,000
    Location Intelligence
    Property ID
    US25-0612657
    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

    • Hawkeye Bar / Bar

    Property Details for 404 N Main St

    Year built
    1980
    Lot size
    0.06 lot acres
    Property size
    1,840 SF
    Property type
    Turn key restaurants
    APN
    133452013
    APU
    133452013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marcus
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.808
    Latitude
    42.8259

    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
    $778
    $3,190
    $69,920
    $73,110
    -
    $3,190
    $69,920
    $73,110

    Comparable in this City

    • Value Estimation by Request
      7,435 SF

      314 Main St

      RESTAURANT • 7,435 SF
      314 Main St, Marcus, IA 51035-7718
      View Details
    • Value Estimation
      $115,000
      2,110 SF

      100 Pne St

      RESTAURANT • 2,110 SF
      100 Pne St, Marcus, IA 51035-7741
      View Details
    • Value Estimation
      $50,000
      3,040 SF

      109 Main St

      RESTAURANT • 3,040 SF
      109 Main St, Marcus, IA 51035-7707
      View Details
    • Value Estimation by Request
      3,450 SF

      410 Main St

      BAR, TAVERN • 3,450 SF
      410 Main St, Marcus, IA 51035
      View Details
    • Value Estimation by Request
      1,800 SF

      206 Cedar St

      BARBER, HAIR SALON • 1,800 SF
      206 Cedar St, Marcus, IA 51035-7731
      View Details
    • Value Estimation by Request
      2,864 SF

      318 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,864 SF
      318 Main St, Marcus, IA 51035-7718
      View Details

    Similar Nearby for Sale

    • $145,000
      0.06 Acres

      Established Business in Marcus, IA

      Turn-key business opportunity with recent upgrades and included equipment.
      404 N Main St, Marcus, IA 51035
      View Details
    • $325,000
      10,000 SF

      Downtown Restaurant & Lounge Opportunity

      Established restaurant and lounge with real estate in prime location.
      314 N Main St, Marcus, IA 51035
      View Details
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    404 N Main St
    Marcus, IA 51035
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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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