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    Property profile & analytics

    408 2nd St Boxholm, IA 50040-7700

    • Turn key restaurants
    • 1,728 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 26, 2022
    $25,850
    Location Intelligence
    Property ID
    US25-1219005
    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

    • Turn key restaurants

    Property Details for 408 2nd St

    Year built
    1913
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    1,728 SF
    Zone code
    INC
    Property type
    Turn key restaurants
    APN
    88528152383012
    APU
    88528152383012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boxholm
    County
    Boone
    State
    Iowa
    Longitude
    -94.1053
    Latitude
    42.1759
    CBSA code
    11180
    CBSA name
    AMES, IA METROPOLITAN 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
    $378
    $2,400
    $32,349
    $34,749
    -
    $2,400
    $32,349
    $34,749

    Comparable in this City

    • Value Estimation
      $65,000
      4,464 SF

      401 2nd St

      BAR, TAVERN • 4,464 SF
      401 2nd St, Boxholm, IA 50040-7700
      View Details
    • Value Estimation by Request
      690 SF

      Boxholm, IA 50040

      RETAIL STORES (PERSONAL SERVICES) • 690 SF
      Boxholm, IA 50040
      View Details
    • Value Estimation by Request
      1,052 SF

      406 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,052 SF
      406 2nd St, Boxholm, IA 50040-7700
      View Details
    • Value Estimation by Request
      2,170 SF

      107 Beech St

      SERVICE STATION (FULL SERVICE) • 2,170 SF
      107 Beech St, Boxholm, IA 50040
      View Details
    • Value Estimation
      $430,000
      1,987 SF

      202 Beech St

      FINANCIAL BUILDING • 1,987 SF
      202 Beech St, Boxholm, IA 50040-7703
      View Details
    • Value Estimation by Request
      546 SF

      203 Beech St

      RETAIL STORES (PERSONAL SERVICES) • 546 SF
      203 Beech St, Boxholm, IA 50040
      View Details
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    408 2nd St
    Boxholm, IA 50040-7700
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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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