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    Property profile & analytics

    605 Iowa Ave Essex, IA 51638-3084

    • Turn key restaurants
    • 2,880 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1936568
    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 605 Iowa Ave

    Year built
    1900
    Lot size
    0.06 lot acres
    Property size
    2,880 SF
    Property type
    Turn key restaurants
    APN
    126310136000
    APU
    126310136000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Page
    State
    Iowa
    Longitude
    -95.3056
    Latitude
    40.8337

    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
    $286
    $3,280
    $12,560
    $15,840
    -
    $3,280
    $12,560
    $15,840

    Comparable in this City

    • Value Estimation by Request
      2,528 SF

      701 Iowa Ave

      BAR, TAVERN • 2,528 SF
      701 Iowa Ave, Essex, IA 51638-3083
      View Details
    • Value Estimation by Request
      1,296 SF

      501 Iowa Ave

      BAR, TAVERN • 1,296 SF
      501 Iowa Ave, Essex, IA 51638-8030
      View Details
    • Value Estimation by Request
      5,724 SF

      601 Iowa Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,724 SF
      601 Iowa Ave, Essex, IA 51638-3084
      View Details
    • Value Estimation
      $225,000
      1,960 SF

      523 Iowa Ave

      FINANCIAL BUILDING • 1,960 SF
      523 Iowa Ave, Essex, IA 51638-8030
      View Details
    • Value Estimation
      $405,000
      6,000 SF

      503 Iowa Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      503 Iowa Ave, Essex, IA 51638-8030
      View Details
    • Value Estimation by Request
      2,134 SF

      525 Iowa Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,134 SF
      525 Iowa Ave, Essex, IA 51638-8030
      View Details
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    605 Iowa Ave
    Essex, IA 51638-3084
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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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