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Property profile & analytics
OFF-MARKET
Turn key restaurants
69 Jefferson St Winterset, IA 50273-1540
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-2019716
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1873
Total area
3,612 SF
Lot
0.07 ac (2,904 SF)
APN
828000111170000
UPID
US25-2019716
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Urban on the Square Restaurant
-
1st Avenue Collective (Bike/Boat/Book/etc) Store
-
Schoonhoven Law, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Batjac Properties LLC · 1 yrs held
Batjac Properties LLC
since 2024
Last sale
$375,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winterset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winterset submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,394
Tax year 2023
Assessed value
$366,300
Assessed 2024
Previous assessed
$128,100
+185.9% YoY
Effective rate
0.65%
On assessed value
Assessed land
$24,200
Assessed improvement
$342,100
Land market value
$24,200
Improvement market value
$342,100
Total market value
$366,300
Applied tax rate
828.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1873
Stories
2
Total area
3,612 SF
Lot
0.07 ac (2,904 SF)
APN
828000111170000
UPID
US25-2019716
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1873
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Batjac Properties LLC
Entity
Mailing address
558 SAN DIEGO AVE, HOLLYWOOD, PA 19046-4125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$375,000
Batjac Properties LLC
David Thompson
Warranty Deed
$296,598 · American State Bank
Jan 20, 2023
—
David Thompson
—
Deed
related
$25,000 · Farmers Electric Cooperative
Apr 18, 2022
$200,000
David Thompson
1st Ave Collective LLC
Warranty Deed
—
Oct 30, 2020
—
1st Ave Collective LLC
—
Deed
related
$100,000 · Union State Bank
Dec 11, 2018
—
K&j Investments LLC
—
Deed
related
$100,000 · South Story Bank & Trust
Feb 7, 2014
$75,000
Hoover Law Firm PLLC
Gene Stanbrough
Special Warranty Deed
$70,000 · Union State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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