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    Property profile & analytics

    408 Main St Little Rock, IA 51243-1031

    • Turn key restaurants
    • 2,056 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1715146
    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 Round Table / Cafe
    • Bucksaw II / Bar & Grill

    Property Details for 408 Main St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    2,056 SF
    Zone code
    COMM-SMALL BUSINESS
    Property type
    Turn key restaurants
    APN
    330000001700000
    APU
    330000001700000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Lyon
    State
    Iowa
    Longitude
    -95.8828
    Latitude
    43.4444

    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
    $462
    $4,900
    $33,450
    $38,350
    -
    $4,900
    $33,450
    $38,350

    Comparable in this City

    • Value Estimation
      $250,000
      2,016 SF

      Little Rock, IA 51243

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,016 SF
      Little Rock, IA 51243
      View Details
    • Value Estimation by Request
      4,264 SF

      316 Main St

      GROCERY, SUPERMARKET • 4,264 SF
      316 Main St, Little Rock, IA 51243-7701
      View Details
    • Value Estimation by Request
      952 SF

      309 Main St

      RETAIL STORES (PERSONAL SERVICES) • 952 SF
      309 Main St, Little Rock, IA 51243
      View Details
    • Value Estimation
      $410,000
      6,300 SF

      323 Main St

      FINANCIAL BUILDING • 6,300 SF
      323 Main St, Little Rock, IA 51243-7701
      View Details
    • Value Estimation by Request
      1,035 SF

      Little Rock, IA 51243

      RETAIL STORES (PERSONAL SERVICES) • 1,035 SF
      Little Rock, IA 51243
      View Details
    • Value Estimation by Request
      1,536 SF

      220 Main St

      SERVICE STATION (FULL SERVICE) • 1,536 SF
      220 Main St, Little Rock, IA 51243-1040
      View Details
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    408 Main St
    Little Rock, IA 51243-1031
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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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