Property profile

407 Main St Cedar Falls, IA 50613

OFF-MARKET
Turn key restaurants
Property ID
US25-0384434
4,320 SF 0.14 ac lot Built 1926
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1926
Construction CONCRETE BLOCKS
Total area 4,320 SF
Lot 0.14 ac (6,204 SF)
APN 8914-12-329-005
UPID US25-0384434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub Music Venue
  • Restaurant

Location

407 Main St Cedar Falls, IA 50613-2827
Cedar Falls metro Census 2200 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2009
6 recorded transactions
2022
Price N/A
2009
$300,000
2006
Price N/A
2005
$750,000
2005
$138,000
2005
$46,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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