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    Property profile & analytics

    611 Main St Osage, IA 50461-1307

    • Turn key restaurants
    • 1,806 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1417233
    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

    • Mick's Lounge & Grill / Bar & Grill

    Property Details for 611 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    1,806 SF
    Property type
    Turn key restaurants
    APN
    1023487011
    APU
    1023487011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Osage
    County
    Mitchell
    State
    Iowa
    Longitude
    -92.8123
    Latitude
    43.2844

    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
    $1,076
    $7,770
    $61,000
    $68,770
    -
    $7,770
    $61,000
    $68,770

    Comparable in this City

    • Value Estimation
      $370,000
      6,938 SF

      627 Main St

      RESTAURANT • 6,938 SF
      627 Main St, Osage, IA 50461-1307
      View Details
    • Value Estimation
      $235,000
      3,432 SF

      721 Main St

      RESTAURANT • 3,432 SF
      721 Main St, Osage, IA 50461-1446
      View Details
    • Value Estimation
      $115,000
      818 SF

      1614 Main St

      RESTAURANT • 818 SF
      1614 Main St, Osage, IA 50461-1826
      View Details
    • Value Estimation
      $250,000
      9,154 SF

      702 Main St

      RESTAURANT • 9,154 SF
      702 Main St, Osage, IA 50461-1447
      View Details
    • Value Estimation
      $270,000
      3,376 SF

      720 Main St

      RESTAURANT • 3,376 SF
      720 Main St, Mitchell, IA 50461-1447
      View Details
    • Value Estimation by Request
      3,168 SF

      735 Main St

      RESTAURANT • 3,168 SF
      735 Main St, Osage, IA 50461-1446
      View Details

    Similar Nearby for Sale

    • $324,900
      5,148 SF

      Established Diner with Living Space

      Turnkey diner with updated dining area and two-bedroom apartment.
      721 Main St, Osage, IA 50461
      View Details
    • $250,000
      0.07 Acres

      Floral and Gift Storefront

      Established floral and gift store with renovated apartment.
      530 Main St, Osage, IA 50461
      View Details
    • $320,000
      10,960 SF

      Prime Osage Highway Retail Space

      Established Bowling Alley & Restaurant
      3689 Highway 218, Osage, IA 50461
      View Details
    • $579,000
      6,409 SF

      Osage Main Street Retail Opportunity

      Profitable Eatery & Pub - Turnkey Operation
      115 Main St, Osage, IA 50461
      View Details
    • $125,000
      Pending

      Adaptable Commercial Building with Parking

      Large building suitable for various business or personal uses.
      118 S 6Th St, Osage, IA 50461
      View Details
    • $49,000
      2.19 Acres

      Secluded Treed Lot in Osage

      Rural lot ready for new home construction near Osage, Iowa.
      2118 338Th St, Osage, IA 50461
      View Details
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    611 Main St
    Osage, IA 50461-1307
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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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