Realmo Analytics

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Property profile

50 2nd St Fairfield, IA 52556

OFF-MARKET
Turn key restaurants
Property ID
US25-1665477
4,114 SF 0.08 ac lot Built 1920
Last sale Nov 2007 · $115,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,114 square foot commercial building, situated on a 0.09-acre lot at 50 S 2nd Street in Fairfield, IA, presents a unique investment opportunity. Boasting high visibility from Highway 34 and direct frontage on Highway 1, this property offers significant exposure for any business. The main level currently houses a restaurant, complete with an entry area, a spacious dining area with seating for 65-70 patrons, a well-equipped serving and register area, a functional kitchen, ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$173k
Assessed land$15k
Assessed improvement$158k
Effective rate1.55%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Convenience Store8.9
Carpet & Flooring Store8.9

Location

50 2nd St Fairfield, IA 52556-3250
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Main, Fairfield, IA 52556-2802 $360,000 Apr 2023 5,785 SF
111 Ct, Fairfield, IA 52556-2812 $130,000 Oct 2022 2,904 SF
403 Briggs, Fairfield, IA 52556-2842 $20,000 May 2022 3,816 SF
113 Broadway, Fairfield, IA 52556-3203 $219,000 Dec 2020 5,404 SF
117 Broadway, Fairfield, IA 52556-3203 $85,000 Nov 2020 4,186 SF
605 Burlington, Fairfield, IA 52556-3248 $350,000 Sep 2020 3,917 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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