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    Property profile & analytics

    604 7Th St Atlantic, IA 50022

    • Turn key restaurants
    • 1,848 SF
    • 0.32 lot acres
    For Sale
    View listing
    $200,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-0605292
    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 604 7Th St

    Year built
    1963
    Lot size
    0.32 lot acres
    Property size
    1,848 SF
    Property type
    Turn key restaurants
    APN
    300006435001000
    APU
    300006435001000

    Description

    This exceptional 1,992 square foot commercial building presents a fantastic turnkey business opportunity in Atlantic, Iowa. Strategically located on a major highway, this property boasts high visibility and convenient access. The interior features a spacious dining area with seating for 48 patrons, complemented by outdoor deck seating for pleasant weather dining. Recent significant upgrades enhance this property's value and functionality. These improvements include a completely remodeled restroom (recent year unspecified), new heating and air conditioning units (2020), and a newly installed mini-split system (2020). The parking lot received a fresh asphalt overlay in 2021, ensuring smooth and safe parking for customers and staff. Further enhancing the property's infrastructure, a new sewer line was installed connecting the building to the street in 2022. Finally, the electrical system received a comprehensive upgrade with new underground wiring to the building and a new electrical box installed alongside the existing one in 2023/2024. This meticulously maintained building sits on a 0.32-acre lot and is priced at $200,000. A comprehensive list of included equipment and furnishings is available upon request. This is a rare opportunity to acquire a well-maintained, updated commercial property in a prime location. Don't miss out!

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $185,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $175,000
      Mixed-Use
      $200,000
      Hospitality
      $175,000
      Educational
      $185,000
      Residential Income
      $190,000
      Energy
      $165,000
      Income-Based Land
      $190,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic
    County
    Cass
    State
    Iowa
    Longitude
    -95.0215
    Latitude
    41.4043

    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
    $2,028
    $18,480
    $92,870
    $111,350
    -
    $18,480
    $92,870
    $111,350

    Comparable in this City

    • Value Estimation by Request
      3,976 SF

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    • Value Estimation
      $865,000
      20,240 SF

      1512 7th St

      RESTAURANT • 20,240 SF
      1512 7th St, Atlantic, IA 50022-1962
      View Details
    • Value Estimation
      $315,000
      3,440 SF

      1500 7th St

      RESTAURANT • 3,440 SF
      1500 7th St, Atlantic, IA 50022-1907
      View Details
    • Value Estimation
      $210,000
      5,908 SF

      64955 Boston Rd

      RESTAURANT • 5,908 SF
      64955 Boston Rd, Atlantic, IA 50022
      View Details
    • Value Estimation by Request
      5,827 SF

      1904 7th St

      RESTAURANT • 5,827 SF
      1904 7th St, Atlantic, IA 50022-1915
      View Details
    • Value Estimation
      $395,000
      3,883 SF

      609 7th St

      RESTAURANT • 3,883 SF
      609 7th St, Atlantic, IA 50022-1431
      View Details

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    604 7Th St
    Atlantic, IA 50022
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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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